SELL REASONS:
1. Fibonacci being respected
2. Two red trend lines promote a large drop
3. 3hr Ichimoku cloud supports a downside move
TRADE LEVELS:
Entry 1.9360 (Scale in up to 1.9400 OR down to 1.9320) - space each trade out by 3.5 pips
Take Profit 1.9160
Stop Loss 1.9460
Risk/Reward 1:2
GOOD LUCK
1. Fibonacci being respected
2. Two red trend lines promote a large drop
3. 3hr Ichimoku cloud supports a downside move
TRADE LEVELS:
Entry 1.9360 (Scale in up to 1.9400 OR down to 1.9320) - space each trade out by 3.5 pips
Take Profit 1.9160
Stop Loss 1.9460
Risk/Reward 1:2
GOOD LUCK
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.
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.