Pair is in between the 50 and 100 sma. Price can return to the 50 sma and try again to the 100 sma or just continue to the 100 sma. Watch the 15m chart for entries. TP 1 is the 100 sma and TP 2 can be the 800 sma. A second entry is possible if the bearish trend moves to the 800 sma after a 15m break-hook-go of the 100 sma.
Note
Pair went short and hit both 100 sma and 800 sma
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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.