Price extended. Potential retracement / reversal
Analysis: Price can be identified as extended towards the downside. Thus, we can take the reversal opportunity as price is due for at least a retracement.
Long opportunity: Long at market reopening as High Risk trade towards 0.81854 as Take Profit - 1 level.
Long opportunity: Long at market reopening as High Risk trade towards 0.81854 as Take Profit - 1 level.
Trade active
TP2 reached. TP3 to close fully
Trade closed: target reached
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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.