Price is forming a head and shoulder pattern. Same time it is at trend line support. I have marked the trend deciding zone. Wait for the confirmation at this zone and decide whether to buy or sell.
Taking fresh short is not advisable as price gave entry around 1.922 and now it is at the zone to decide direction. If price did not gain strength, it will move in range also.
Do your own analysis. You are responsible for whatever you do.
Taking fresh short is not advisable as price gave entry around 1.922 and now it is at the zone to decide direction. If price did not gain strength, it will move in range also.
Do your own analysis. You are responsible for whatever you do.
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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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie
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.