Technical Analysis
We have continued to have a shallow retracement at the 23.6% level for months.
Price has attempted to break above the 1.18 and 1.27 extension to no avail.
I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better.
I'm looking for a deeper retracement on this pair.
Fundamental Analysis
Russia invaded Ukraine.
We are in a risk off environment.
We have continued to have a shallow retracement at the 23.6% level for months.
Price has attempted to break above the 1.18 and 1.27 extension to no avail.
I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better.
I'm looking for a deeper retracement on this pair.
Fundamental Analysis
Russia invaded Ukraine.
We are in a risk off environment.
Trade closed manually
Looking for a higher price before a sell execution.
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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.
Related publications
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.