1. Sell Setup (Short-term correction - Wave 4)
Entry: Near current price (1.13730), especially if bearish confirmation appears on a lower timeframe (like bearish engulfing, break of structure).
Target: Bullish OB zone around 1.12910–1.12867.
Stop Loss: Just above the recent high or red zone (~1.14127).
Risk-Reward: Looks favorable (~1:2 or more).
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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.