(2hr) Looks as if there is a reversal inbound and we could be seeing this pair testing the support level @ 130.05. RSI looks to be overbought and has recently sharply turned heading downwards. Most recent candle seems to be bear engulfing, therefore sellers seem to be gaining some momentum.
SHORT ENTRY @ 131.211
SL @ 131.6
TP @ 130.4
RR @ 2.07
SHORT ENTRY @ 131.211
SL @ 131.6
TP @ 130.4
RR @ 2.07
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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.