Weekly Chart:
Bearish Candle with rejection of low price.
Daily Chart:
Friday closed with a bearish candle with rejection of low price but still closed below the up-trend line since 26 Mar 2018.
Watch out:
1. Price might go back to retest zone @ 112-112.2
2. Price might go back to retest the up-trend line since 26 Mar 2018.
3. 111.4 might be support zone
Action:
Waiting for a price action pattern to confirm an entry.
Bearish Candle with rejection of low price.
Daily Chart:
Friday closed with a bearish candle with rejection of low price but still closed below the up-trend line since 26 Mar 2018.
Watch out:
1. Price might go back to retest zone @ 112-112.2
2. Price might go back to retest the up-trend line since 26 Mar 2018.
3. 111.4 might be support zone
Action:
Waiting for a price action pattern to confirm an entry.
Trade closed: stop reached
Hit SL with loss.
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.
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.