EJ 1D - Simple harmonic movement. Overall trend is uptrend. Currently price is making retracement. However, there is a SBR formation in 131.00 brn zone. Price might shift from uptrend to downtrend. Anyway, current price at 130.000 BRN level, also a fresh RBS zone. We can consider counter trend and target to 131 retracement.
EJ 4H - Bearish momentum getting weaker. It's time to look for buy opportunity. Target buy limit @ 129.90 SL @ 129.40 TP 130.90
RRR at least 1: 2
Trade at your own risk
Trade closed: stop reached
⋅
Quick Update:
Price broke lower and reach 78.6 level then only bounced higher.Too bad I was stopped out.