I see two possible entry areas - on breakdown, or first pullback somewhere to the red area and then continue down. For the time being this read area is quite large, below 2h and 4h charts make some more sense about entry - bearish Cypher plus rectangle break and retest. Main point of interest for target is 1.66.
2h chart:
4h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
2h chart:
4h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active
Small short triggered on breakdown.Trade closed manually
Closing here.
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.
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.