H1 time frame.
Structure: Downtrend.
After forming a double top reversal pattern with divergence signal, the price broke the Key level at 0.87000.
Wait for a retest and a signal to confirm the return of the downtrend, then you can look for selling opportunities.
The profit target is the 0.86500 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Downtrend.
After forming a double top reversal pattern with divergence signal, the price broke the Key level at 0.87000.
Wait for a retest and a signal to confirm the return of the downtrend, then you can look for selling opportunities.
The profit target is the 0.86500 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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❤
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.