After price break the pevious up-trend, we saw a big bearish momentum take price down to 111.20! Now in consolidation fase we saw 2 rejections on 38.2%fib level. Waiting on candle closure below 23.6% to enter with final target around 110.50!
What do you think? Leave a comment! And please, dont forget to like as this is how i know if i should keep sending my analysis! Appreciate!
What do you think? Leave a comment! And please, dont forget to like as this is how i know if i should keep sending my analysis! Appreciate!
Note
first entry closed at +60pips!re-entering again at 111.50 with 20pips SL
Note
Second entry +20pips before hiting entrypointNote
Could look for another entry short, but this 111.20 support is holding pretty nice.. Will stay out for now and see what happens
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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.