Monthly resistance triggered with a double top in June and a retest of major monthly structure as shown in the chart below:
We have a breakdown on the daily time frame. Any retracement into the minor red zone would be a spot to add into if it goes there.
Targets could extend into the mid-high 1.20s based on the monthly
We have a breakdown on the daily time frame. Any retracement into the minor red zone would be a spot to add into if it goes there.
Targets could extend into the mid-high 1.20s based on the monthly
Trade closed: stop reached
failed breakdown on the daily. Could retest 1.40s where I'd look to get short again
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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.