Seeing a fourth touch of the weekly downtrend. price is bouncing off daily resistance zone, now waiting for a break of the trend on the 4 hour chart
before entering a short trade. 50pip stop loss with 4-1 risk reward
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.