Although we're looking to buy long term on all our major pairs opposing the dollar (GBP,AUD & NZD), this could be a nice opportunity within the pullback we're seeing on the higher time-frames. There's a clear double top just under the previous market structure break, if price holds we could see a good 3:1 trade opportunity for about 90 pips to the downside.
I would definitely wait for some wicks and proper rejections before making any decisions on this idea.
#livetotradeanotherday
I would definitely wait for some wicks and proper rejections before making any decisions on this idea.
#livetotradeanotherday
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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.