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Entry: 1.59 - 1.60
🔹 Stop Loss: 1.61
🔹 Take Profit: 1.50
🔹 Risk/Reward Ratio: Favorable
Analysis:
✅ Price has reached a strong resistance zone and is showing signs of rejection.
✅ A potential double-top pattern indicates a possible reversal.
✅ Key support levels: 1.55 and 1.50 (target).
📌 Risk Management: Use a small lot size to minimize risk.
Entry: 1.59 - 1.60
🔹 Stop Loss: 1.61
🔹 Take Profit: 1.50
🔹 Risk/Reward Ratio: Favorable
Analysis:
✅ Price has reached a strong resistance zone and is showing signs of rejection.
✅ A potential double-top pattern indicates a possible reversal.
✅ Key support levels: 1.55 and 1.50 (target).
📌 Risk Management: Use a small lot size to minimize risk.
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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.
Unlock Market Insights! 🚀
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
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.