Price is currently at a support area and a price reversal zone. It appears to be continuing with the downtrend it has not surpassed the previous high of 1.53000. Based on price action I do not see it rising to that previous high which would signal a reversal. I have already entered this short position. SL 1.53017 or 1.52372 TP1: 1.51187 TP2: 1.50665
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.