After a quite respectable fluctuation above resistance level (around 1.65500), the pair seems to retrace back, respecting the resistance level.
More secure entry level would probably be as soon as the 8 EMA breaks the 21 EMA.
Good luck!
More secure entry level would probably be as soon as the 8 EMA breaks the 21 EMA.
Good luck!
Note
The 8 EMA just intersected 21EMA on 4H frame!Note
R/R 2.7
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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.