The reasons:
1. We have STRONG resistance on 1.3000;
2. It’s maybe going to be a Head&Shoulders pattern;
3. We have Pinbar on 4 hours;
4. Maybe it will be DAILY Pinbar;
5. Price didn’t make retracement for a long time;
RR = 1:4
SL - 1.30300
TP - 1.28800
What do you think?
1. We have STRONG resistance on 1.3000;
2. It’s maybe going to be a Head&Shoulders pattern;
3. We have Pinbar on 4 hours;
4. Maybe it will be DAILY Pinbar;
5. Price didn’t make retracement for a long time;
RR = 1:4
SL - 1.30300
TP - 1.28800
What do you think?
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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.