Last Friday, I was considering going long if price went down (tradingview.com/v/Afth6V9y/) but price went up instead, so I'll be looking to short between 1.383X (50% fib level) to 1.386X (61.8% fib level) and maybe 1.387X
Risk is difficult to assess considering anything above 1.39 is a solid sell as well, so consider using tight stops.
Target is down between 1.3600 and 1.366X, which is where I'm looking to load longs as per my other analysis.
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.