This one is a textbook trade. Weak on the RSI and price just broke a LONG term trend line. I will be looking to ride this one down to 1.296. Confirmation candles are key, so waiting for friday's candle close below the trend line was very important to increase win probability on this trade.
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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.