The pair has been in an ascending wedge and has hit some straight resistance following a drop below support. We have some consolidation so for better sentiment towards a drop wait for a breach and close below 1.06600.
RSI is finding resistance as presented in chart and MACD/Signal set to divert.
TP and SL as shown on chart and pay attention to entry.
Please comment with thoughts and ideas. Thank you.
RSI is finding resistance as presented in chart and MACD/Signal set to divert.
TP and SL as shown on chart and pay attention to entry.
Please comment with thoughts and ideas. Thank you.
Trade closed manually
Closed at pivot with decent profit
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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.