Key Takeaways
Trade Idea
Short Target remains @ $190. A break below the $200 psychological support will provide an opporunity to add additional short positions to this trade setup
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
- Broke below 200SMA and Ascending Trendline on Daily Timeframe
- Trending below 50 with RSI
- $200 could support price action
Trade Idea
Short Target remains @ $190. A break below the $200 psychological support will provide an opporunity to add additional short positions to this trade setup
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
Related publications
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.
Related publications
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.