H1 time frame.
Structure: The bullish structure is broken.
Price breaks Key level at 0.65000.
Currently, the price is forming a small accumulation area retest Key level has just been broken.
If the price breaks out of this consolidation area, confirming the downtrend, selling with targets at 0.63500 and 0.62600 is possible.
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Wish you all have a good trading day!
Structure: The bullish structure is broken.
Price breaks Key level at 0.65000.
Currently, the price is forming a small accumulation area retest Key level has just been broken.
If the price breaks out of this consolidation area, confirming the downtrend, selling with targets at 0.63500 and 0.62600 is possible.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.