1. Trend & EMAs:
The EMA 200 (blue) and EMA 30 (red) are displayed.
Price is below both EMAs, indicating a bearish trend overall.
However, there's a potential reversal or retracement trade being considered.
2. Trade Setup (Long Position):
Entry Point: 0.92750
Stop Loss: 0.92526 (about 22.4 pips below entry)
Target (Take Profit): 0.93643 (about 89.3 pips above entry)
Risk-Reward Ratio (RRR): Approx. 1:4, which is favorable
3. Support & Resistance:
The entry zone is based on a demand/support area where price previously bounced.
The target
The EMA 200 (blue) and EMA 30 (red) are displayed.
Price is below both EMAs, indicating a bearish trend overall.
However, there's a potential reversal or retracement trade being considered.
2. Trade Setup (Long Position):
Entry Point: 0.92750
Stop Loss: 0.92526 (about 22.4 pips below entry)
Target (Take Profit): 0.93643 (about 89.3 pips above entry)
Risk-Reward Ratio (RRR): Approx. 1:4, which is favorable
3. Support & Resistance:
The entry zone is based on a demand/support area where price previously bounced.
The target
Trade active
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Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Related publications
Disclaimer
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.