Time = 1W
– Structure = Downtrend
– Pattern = Head & Shoulders
– Tendency = Downtrend
– EMA 50 day above price acting as RESISTANCE
Time = 4H
– Structure = Downtrend
– Pattern =Descending triangle
– Tendency = Downtrend
– EMA 50 day above prices offering RESISTANCE @ 1.05275
GOOD LUCK
-----------------------
Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
– Structure = Downtrend
– Pattern = Head & Shoulders
– Tendency = Downtrend
– EMA 50 day above price acting as RESISTANCE
Time = 4H
– Structure = Downtrend
– Pattern =Descending triangle
– Tendency = Downtrend
– EMA 50 day above prices offering RESISTANCE @ 1.05275
GOOD LUCK
-----------------------
Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
Trade closed: stop reached