Daily up trend line break.
Horizontal resistance zone// also big round number 1.28000
New 4 hour down trend line.
0.5 and 0.786 fib confluence.
Can wait for another price action signal pinbar/engulfing once price reaches resistance zone for confirmation.
Horizontal resistance zone// also big round number 1.28000
New 4 hour down trend line.
0.5 and 0.786 fib confluence.
Can wait for another price action signal pinbar/engulfing once price reaches resistance zone for confirmation.
Note
Entry is now.SL can be placed above 1.28400
TP 2:1 or 3:1
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.
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.