Price has finally broken below the support area of a Major rising wedge. It has since given a perfect retest of the 61.8 fib level and the bears have now shown up on the lower TF.
Here is the play I will be taking:
Entry - 1.05828 Stop Loss - 1.06354 52 pips Take Profit - 1.04155 167 pips
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.