According to my analysis, I believe it's a good selling opportunity at the price around 0.89825, following the downtrend. We witnessed a strong break of structure at 0.89010, and I think there might be a retracement in search of liquidity between the regions of the two Order Blocks before the down trend continues. (Entry price: 0.89828, risk-reward ratio around 1:2.7, stop: 0.90198, TP: 0.88828).
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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.