Long term weekly trend is bearish and price is testing this trend.
Daily trend has been up.
Price tested Supply Zone and PP and long term bearish structure at 1.313 area.
Riding to prev low.
Daily trend has been up.
Price tested Supply Zone and PP and long term bearish structure at 1.313 area.
Riding to prev low.
Note
Upon confirmation of bearish candleTrade active
Trade closed: stop reached
This is the same as AUDUSD. With the bearish engulfing signalling actual resistance at the top, I will enter again.
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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.