Expecting price to pull back to the 1.23750 region in which I will look for confirmations of a short entry. My idea entry, stop loss and take profit points are marked out. I won't enter the position until the market notifies me that I am allowed to. After entry price will move down to 1.20000 as our target.
This analysis is for educational purposes only.
Order cancelled
Price never pulled back to entry zone thus the trade was invalid.
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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.