Sell Entry: Consider entering a short position around the current price of 1.2750, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: 1st Support – 1.2720 2nd Support – 1.2680
Stop-Loss: To manage risk, place a stop-loss order above 1.2810 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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.