If a bullish candle closes above the 1880 zone on the 1-hour timeframe, we can expect the price to move towards the 1910 area. However, if the price fails to break through the resistance zone, after a bearish candle closes below the 1869 level, it may be suitable to enter a short position with a target in the range of 1820 to 1830. Before entering any trade, it is essential to confirm the signals and assess the market conditions.
Trade closed: target reached
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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.