No active trades going. The short set up never materialized due to unfavorable R/R. Looking for more confirmation of a long entry with 3:1 R/R.
Key resistance levels: 1.0834 & 1.0805
The first needs to hold with strong reversal. If the second is approached, trend continuation is invalid.
1W:
Key resistance levels: 1.0834 & 1.0805
The first needs to hold with strong reversal. If the second is approached, trend continuation is invalid.
1W:
Note
IF the trade develops, probably will take a couple days. Note
Still waiting.First key resistance is still holding. However, momentum has yet to turn as selling pressure continues. Very likely this won't develop into a viable trade.
Note
This specific trade set up is no longer valid.
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.