- Admittedly, I made a premature entry earlier this week as I expected price to hold below the 1.4151 level
- Current fakeout where price crossed above this level very briefly and then crossed below it is a good signal that we can expect further downside ahead
- Before making a short entry play, we'll need to eye the 1.4118 level as we could potentially see this pair enter a range
- Current fakeout where price crossed above this level very briefly and then crossed below it is a good signal that we can expect further downside ahead
- Before making a short entry play, we'll need to eye the 1.4118 level as we could potentially see this pair enter a range
Note
Spoiler alert, I did not enter on this trade. Great move overall, regardless.
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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.