Price has reached key resistance level from late June highs.
I am expecting this to reject key level and sell off.
Entry; 1.25386
Stop Loss; 1.25531
Profit Target; 1.22656
Stop loss is potentially a bit tight so watch out for false breakout.
I am expecting this to reject key level and sell off.
Entry; 1.25386
Stop Loss; 1.25531
Profit Target; 1.22656
Stop loss is potentially a bit tight so watch out for false breakout.
Note
Stop Loss set a bit too tight. Price now moving in expected direction and I believe will continue to sell off.
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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.