Trade Plan:
📉 Sell Entry: 1.07980
📍 Stop Loss: 1.08241 (Above resistance to minimize risk)
📍 Take Profit: 1.06748 (Targeting the next major support zone)
🔹 Strong rejection from the resistance level suggests a possible reversal.
🔹 Volume spike indicates increased selling pressure.
🔹 A break below recent lows could accelerate the downward move.
📉 Sell Entry: 1.07980
📍 Stop Loss: 1.08241 (Above resistance to minimize risk)
📍 Take Profit: 1.06748 (Targeting the next major support zone)
🔹 Strong rejection from the resistance level suggests a possible reversal.
🔹 Volume spike indicates increased selling pressure.
🔹 A break below recent lows could accelerate the downward move.
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.