Pair in downtrend. I can see a possibility of rejection in 1,13 -1,13100 area. Don´t enter blindly on entry line. Wait for clear rejection candle (evening star, bearish engulfing pattern) on 4H or 8H chart (1H if you are brave enough). Price will "visit" 1,13150-250, wait. Just when it closes back under the entry line enter and set SL. SL is calculated 1 ATR from daily. TP as mentioned. Upper green line is a possible pull back area. Don´t be greedy and TP your position partially. This is not a financial advice. Good luck.
Note
ENTER NOW at current market price 1,12900Note
Price is on entry line again.Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
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Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Related publications
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.