Hello Traders,
In spite of yesterday drop, candles setting-up the path for drop-down Impulse. In an hourly time-frame, impulse correction gathers potential to strive in the bear arena by forming sideway marks. Reversing impulse may target 0.98782 to take a stop-technically. Alternatively, if the reversing limit extends-small traders risk till 0.99642. Longtime Investors wait till next resistance break-out.
Signal Specification
Entry: 0.99288
Take Profit: 0.98782
Stop Loss: 0.99642
R/R: 1.43
In spite of yesterday drop, candles setting-up the path for drop-down Impulse. In an hourly time-frame, impulse correction gathers potential to strive in the bear arena by forming sideway marks. Reversing impulse may target 0.98782 to take a stop-technically. Alternatively, if the reversing limit extends-small traders risk till 0.99642. Longtime Investors wait till next resistance break-out.
Signal Specification
Entry: 0.99288
Take Profit: 0.98782
Stop Loss: 0.99642
R/R: 1.43
Trade closed: stop reached
Longtime Investors still have an opportunity to crack bear Zone. Wait...
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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.
Related publications
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.