My Analysis:
1. Channel up breakout
2. Fast EMA crosses below Slow EMA
3. Price falls below the 200 EMA
4. Enough volume for Bearish movement
5. RSI moving downwards and just crosses the middle line
BREAKOUT PRICE:1.32816
STOPLOSS: 1.33135
TARGET 1: 1.32070
TARGET 2: 1.31280
PROBABILITY: More than 80%
1. Channel up breakout
2. Fast EMA crosses below Slow EMA
3. Price falls below the 200 EMA
4. Enough volume for Bearish movement
5. RSI moving downwards and just crosses the middle line
BREAKOUT PRICE:1.32816
STOPLOSS: 1.33135
TARGET 1: 1.32070
TARGET 2: 1.31280
PROBABILITY: More than 80%
Trade closed: target reached
Reached Target 1Trade closed: target reached
Reached Target 2
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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.