The general trend on the H4 is downward. I place a sell limit @1.08096 with SL @1.08535 and TP @ 1.07280. I used a .25 lot size for this 1:1 RR. There also appears to be a slight head and shoulders pattern suggesting a continuation of the downward trend
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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.