The price has broken main support and is currently under correction (inverted flag). It gave us great opportunity to enter shorts positions when price touches the top line or (safer way) put sell stop below correction structure - 7.8650.
TP 7.6500, 7.3500 .
TP 7.6500, 7.3500 .
Note
Simplicity always works the best. Right now we're getting closer to TP1.Related publications
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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.