currently witnessing a break and retest of the EUR uptrend that has held since 21/3. Current bearish arguments:
- break and retest of H1 trendline
- rejection from 0.5 Fibonacci
- Held down by H1 EMA 50
- Held down under previous Support and resistance
Entry - 1.1030
SL - 1.1075
TP - 1.0867
RR - 3.5:1
Let me know what you guys think and if you enjoyed then please consider liking this idea and following me, thanks.
- break and retest of H1 trendline
- rejection from 0.5 Fibonacci
- Held down by H1 EMA 50
- Held down under previous Support and resistance
Entry - 1.1030
SL - 1.1075
TP - 1.0867
RR - 3.5:1
Let me know what you guys think and if you enjoyed then please consider liking this idea and following me, thanks.