As the price has bounced of a daily channel, the possibility is, that the weekly support - 0.7250 area break is likely to happen. I suggest, Sell Limit, after a breakdown, as shown in scenario 1,
SL above 0.7350 (I suggest to trail, and use a "timing" stop also)
1st Target at 0.7000
SL above 0.7350 (I suggest to trail, and use a "timing" stop also)
1st Target at 0.7000
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.