I like the idea of price coming up to 1.238, then i think we will see a rejection from this level with a continue short.
Daily and weekly both in a down trend, I see a good 4h counter trend move up to 1.238 and then as mentioned before a rejection from this level with a good short opportunity
Daily and weekly both in a down trend, I see a good 4h counter trend move up to 1.238 and then as mentioned before a rejection from this level with a good short opportunity
Note
Notice how price just pull back nicely into the 20ema on the weekly chart before coming back down
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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.