Daily structure is at previous Low where also stands the 1.2200 psychological level which price tested and rejected last week. 4H structure is also showing choppiness which is a sign of confusion in the market about who has the control. A structure shift and candlestick confirmation on the 1H will be the only signal of a Long opportunity.
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.
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.