On this pair we have a strong SUPPORT and also a strong RESISTANCE on 70.000
In my opinion, we have all things so we can have a 3R+ trade.
It is a downtrend on the important time frame, 4H and Daily, also the piar pass the 61.8 Fibbo.
All we need is to close on 4 h chart the price, 70.000.
Wait to retest the resistance at 69.950-70.000 and we can entry on that trade.
TAKE PROFIT is at 68.900 and STOP LOSS at 70.320.
It important to close the bearish candle under 69.90 so we can entry.
Have a good day all of you.
In my opinion, we have all things so we can have a 3R+ trade.
It is a downtrend on the important time frame, 4H and Daily, also the piar pass the 61.8 Fibbo.
All we need is to close on 4 h chart the price, 70.000.
Wait to retest the resistance at 69.950-70.000 and we can entry on that trade.
TAKE PROFIT is at 68.900 and STOP LOSS at 70.320.
It important to close the bearish candle under 69.90 so we can entry.
Have a good day all of you.
Note
The pair is about to enter in our testing zone, keep an eye on that !Check also new telegram group for more updates and also slack group, have all links here >>>
Telegram: t.me/joinchat/AAAAAEShA-ruZq5FRMR3lw
Slack : join.slack.com/t/insightforex/shared_invite/enQtOTQ1NjY4NDY2NzIzLTk4YWU3NzkyY2QzOGQzYTBkNDdlNWI2NDhjY2M4YjZiNTc2MWI4MjI0NmFhZDRhMWY2ZGIwNTJmZGExODNlZjU
Feel free to ask anything !
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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.