Since Tuesday, this pair has been dominated by the bears, a strong bearish bias, and the price action falling while holding the 18EMA. The downward movement might find support over the ascending trendline from a broader look (D1), it allows the setup of short entry if price retest the recently broken consolidation area,
The order:
Type: sell-limit
S/L: 43 pips - R:R | 1:2 -
T/P: ascending trendline
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The order:
Type: sell-limit
S/L: 43 pips - R:R | 1:2 -
T/P: ascending trendline
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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