Failure to hold 137.300
Price pushed up during the week but the momentum doesn't seem to be enough to turn things around.
Price broke below 137.300 and i've taken a retest trade around this level.
I'm looking to see price push down to the next H4 support level where i will exit the trade.
GBP is also under a lot of bearish pressure so i'm anticipating that price might push further down than my exit level, maybe to 136.600 first and if it breaks below then 136.000 is the next stop.
Price broke below 137.300 and i've taken a retest trade around this level.
I'm looking to see price push down to the next H4 support level where i will exit the trade.
GBP is also under a lot of bearish pressure so i'm anticipating that price might push further down than my exit level, maybe to 136.600 first and if it breaks below then 136.000 is the next stop.
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.