Short
a potential sell opportunity
Note: this is a quick analysis so no much in depth details here.
Price currently testing 200MA on Hourly, 100MA & 200MA on 2H towards downside, 50MA & 100MA on 4H towards downside.
If the mini-downtrend line (purple) is respected, we can see the price start falling and retest last week's low at 0.70734.
Entry: now or around 0.716
TP: 0.70734; greed kills, set 20pips, 40pips, 80pips and your TP targets will be wise
LS: above 0.71724
GL.
Price currently testing 200MA on Hourly, 100MA & 200MA on 2H towards downside, 50MA & 100MA on 4H towards downside.
If the mini-downtrend line (purple) is respected, we can see the price start falling and retest last week's low at 0.70734.
Entry: now or around 0.716
TP: 0.70734; greed kills, set 20pips, 40pips, 80pips and your TP targets will be wise
LS: above 0.71724
GL.
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.