I like the idea of shorting this pair in order to catch a retracement before we move higher. Price is currently touching the CTL for the third time as well as struggling to break through 1.24200.
Monitor price action on the lower time frame (1hr) to find a set up that reaches your criteria. Price is currently forming a spinning top on the 4hr
TP: 1.22500
SL: 1.24800
R:R 2.43
Good Luck! Please keep Risk management in mind when looking to open a postion
Monitor price action on the lower time frame (1hr) to find a set up that reaches your criteria. Price is currently forming a spinning top on the 4hr
TP: 1.22500
SL: 1.24800
R:R 2.43
Good Luck! Please keep Risk management in mind when looking to open a postion
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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.