On the H4 timeframe, we have identified a support level (current resistance) that the price is already positioned below, providing a breakout. If the price cannot re-enter this resistance level, expect a strong downtrend movement. Remember, the closing and position of the H4 timeframe candle above 1.3150 will serve as a warning for the start of a re-uptrend movement.
Stop Loss @ 1.3160
Take profit @ 1.2997
Stop Loss @ 1.3160
Take profit @ 1.2997
Note
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Trade Closed @1.3001 now with 104 Pips Profit. Stay connect us Disclaimer
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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.