The price reached the resistance zone formed by 1.19085 and the uptrend line. Look at the past price action at this trend line , and you will see the amazing trade opportunities based on reversals.
We should be ready to see a new reversal, which will give us a new trade opportunity for shorting. It will be a good idea to search for exact bearish setups using the hourly and minutes timeframes. Stop orders must be placed above the daily swing high. The main profit target should be 1.17610 support.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We should be ready to see a new reversal, which will give us a new trade opportunity for shorting. It will be a good idea to search for exact bearish setups using the hourly and minutes timeframes. Stop orders must be placed above the daily swing high. The main profit target should be 1.17610 support.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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💎 Share My BEST Trades here 👉 bit.ly/wubits