Trade active
The pair has made a top and begun a move down. It has closed below the swing low created at the top. It should at least reach the 50% of the move up at 1.1232. It is expected that subsequently it will probably move back to the recent high before reversing for a move down to the 1.09—1.08 area. Trade active
A reversal occurred when the pair moved and subsequently closed below the low of the candle forming the high for the move up. A dot entry has also been triggered further down and right around the 50% line for the last section up. The short will be continued until the dots say otherwise. Initial expectation is for a revisit of the 1.09 price range before continuing further down. 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.
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.