Bulls were capped at MA 200 1 HR CHART AT 1.1440 AND for shorts next stop should be ideally 1.1388. Here fibo levels latest uptrend 1.1300-1.161x levels we have below fibo levels 4 hrs 100 MA AT 1.1376 , AND 50 MA, 20 MA AT 1.1400 appears to lack upward strength
Short to 1.1388 , 1.1330, good luck
Short to 1.1388 , 1.1330, good luck
Note
50 MA AT 1.1388 LEVELS SHOULD cross for perfect bears. Today Sell points for bears 1.1422 in my opinion.For bulls price needs to go up from 1 hr 200 MA as it acts as a resitance and stoploss kept at 1.1480 would invalidate this trade
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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.