Wit hprice still firmly in our down channel creating new highs and lows, we would want to see price continue on its downward projection with entry @ 0.59515 giving us a drop down to at least 0.58555 with stop loss @0.60037
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On the contrary, Should price decide to go higher then our new entry point would be @ 0.60108 after a break and retest trargeting a 2RR with a 50 pips stop loss
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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.