Technically, £/$ is in the area of confluence. 20EMA + Trend Line Area + Demand Area
Why not go for long even thou smaller TF are in the trend of DOWN. Good RR is seen here. Keep it simple.
Why not go for long even thou smaller TF are in the trend of DOWN. Good RR is seen here. Keep it simple.
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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.