According to our rules a 'C' trade to go short is in place. Place stops at opposite of the Opening Range. see rules for further clarification.
Note
Be cautioned with the steepness of the previous bars on this hourly chart, that it is possible a Failed C down trade could occur and the price reversing swiftly.Trade closed: target reached
The key support of handle price 1.17000 and the previous key low of 1.16964 proved to be a good area to place the profit target, just above at 1.1701
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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.
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.