R3 Resistance at 1.6632 possible double top. Lower highs being created with exhaustion candle wicks, wick rejection of R3 Resistance structure.
Go for Short, Close half of position at previous support structure 1.16000. IF previous support structure 1.160000 is broke, price may travel to S3/S4 support located at 1.15449.
If previous structural support holds we can expect price to return to R3 Resistance Zone 1.6632.
Go for Short, Close half of position at previous support structure 1.16000. IF previous support structure 1.160000 is broke, price may travel to S3/S4 support located at 1.15449.
If previous structural support holds we can expect price to return to R3 Resistance Zone 1.6632.
Order cancelled
New chart created 100-200 EMA cut price.
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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.