As we reach an area of interest where price rejection has happen on 4 occasion on the Weekly timeframe, lookin for an entry for a short at the 1.39118
This is not financial advise Please message if you have a different perspective, I am open for conversation
Note
We are in the area of a potential reversal but no confirmation for entry as of right now and will continue to monitor the set up if price goes in our favor.
Good luck!
Trade active
Entered Short
Trade active
Luckily didn't stop out of this trade and going in our favor
Trade closed manually
Up 50 Pips so decided to wait for another entry later on and take profit!
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.