Price is coming to a 4 hour support zone. I'm looking for price to reject the 1.0815/1.0820 level. Look for a reversal candle or a double bottom. I would take profits at 1.0915 level for a day trade and at 1.1000 for a swing trade. Also if price retraces back up to 1.0915 before reaching 1.0830's I'm looking to short and take it down to the long entry levels.
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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.