Nice setup for a very good short (About 1900 pips up for grab)
Price broke out of a symmetric triangle inside a main triangle. Further, price broke out of a falling wedge on the RSI indicating a bullish momentum. With this in mind, price is likely to visit the resistance zone around 1.78 before starting a big sell off to about 1.59 region. This is a total of about 1900 pips.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
Disclaimer
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