H4 time frame.
Structure: The bullish structure was broken when the price broke Key level 1.24500.
The downtrend was confirmed earlier.
Wait for the price to return to the confluence between the downtrend line and the resistance level of 1.25500 - 1.26000 and a bearish reversal pattern appears, then you can find selling opportunities.
The profit target is the zone of 1.20000.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: The bullish structure was broken when the price broke Key level 1.24500.
The downtrend was confirmed earlier.
Wait for the price to return to the confluence between the downtrend line and the resistance level of 1.25500 - 1.26000 and a bearish reversal pattern appears, then you can find selling opportunities.
The profit target is the zone of 1.20000.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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.
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.