is that a shooting star formation in the horizon?
You're damn right it is.
I'm going short till 1.06
You're damn right it is.
I'm going short till 1.06
Note
Looking at the weekly chart, the bearish candle has formed a bearish engulfing. expecting the price to fall to 1.058 for consolidation and a test of the rising trend line. TP should be around 1.058.Note
I'm closing this trade and taking the profits for now. Price action looks to be changing towards the upside. Thanks to the inverted head and shoulder pattern on the daily chart.
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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.