1) Downtrend after candle close below MA (9).
2) Possible creation of a bearish channel consisting of the last 2 lowest highs.
3) Possible rupture and testing of the 78.6% level of fibonacci.
4) Stochastic in positive zone with possible bearish direction.
Entry= 1.29947
SL= 1.31127
TP1= 1.28373
2) Possible creation of a bearish channel consisting of the last 2 lowest highs.
3) Possible rupture and testing of the 78.6% level of fibonacci.
4) Stochastic in positive zone with possible bearish direction.
Entry= 1.29947
SL= 1.31127
TP1= 1.28373
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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.