Trendline was tested and downward wicks have shown a potential move down.
I can see two trades:
I can see two trades:
- Sell at around 0.972 with a stop loss of around 0.9815 (could be higher around 0.9845), Target the first support line at around 0.96
- Same entry but with a target of 1.618 fib extension
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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.