As anticipated price stayed below 1.65 on Friday. Now to catch the bearish momentum we want price not to rise too much above 1.64 (pink line) and target 1st the last week low and push on to 1.60 and beyond.
I've kept the stop above 1.65 as beyond that it's not the setup I am looking for.
I've kept the stop above 1.65 as beyond that it's not the setup I am looking for.
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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.