Possible short if actual uptrend channel will be broken on downside.
If it will, wait pullback and short as per following SET point:
S: 1.26700
E: 1.23800/1.24000
T1: 1.22400
T2: 1.20000
T3: 1.15000
Reason why:
- 61.8% Fibo level
- Strong resistance area
- Divergence on 4h tf
Enjoy Safe Trade ;-)
If it will, wait pullback and short as per following SET point:
S: 1.26700
E: 1.23800/1.24000
T1: 1.22400
T2: 1.20000
T3: 1.15000
Reason why:
- 61.8% Fibo level
- Strong resistance area
- Divergence on 4h tf
Enjoy Safe Trade ;-)
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.