Price broke down through longterm uptrendline on monthly + smaller uptrendlines on daily and now it hit major resistance downtrendline on monthly (its like a roof) as you see and is likely to drop a lot this week as weekly pivot range is very thin. My 1st short target is some 70 pips down at 84.676.
For educational purposes only.
For educational purposes only.
Trade closed: target reached
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.
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.