Exotic pairs are not often to good for daytrading because of the higher spreads they calculate for these pairs. But here is a pretty nice setup where we can have a solid entry with a pretty tight stoploss and a solid profit-point.
Structure first needs bearish momentum before we take our indicators and check the entry point.
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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.