Daily timeframe has hit resistance at this level.
I previously tried shorting on a flag pattern but it didn't work out. This is my next best short opportunity.
I am shorting at 1.33120 which is rejection of the upper TL across the 4hr lower highs and fib 0.786 retracement level.
TL break next - maybe scale in again.
TP1 is previous support/resistance zone
TP2 is long term weekly support level
I previously tried shorting on a flag pattern but it didn't work out. This is my next best short opportunity.
I am shorting at 1.33120 which is rejection of the upper TL across the 4hr lower highs and fib 0.786 retracement level.
TL break next - maybe scale in again.
TP1 is previous support/resistance zone
TP2 is long term weekly support level
Trade active
Note
Profit Target 1 broken through. Looking for 1.30500 finally target on this one nextTrade closed: target reached
Final profit target of 1.30500 reached
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Related publications
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.