Price is currently at long term structure and as we can see a 5wave corrective pattern has formed which would indicate a move to the downside. Price is currently at a position for a good R/R ratio.
Trade closed: stop reached
Trade active
Re entered a sell at 1.3000, price on target to hit our area highlighted
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.