On the back of some Dollar strength we can see a clear break of structure on the 4H timeframe forming lower highs and lower lows. I'm still bullish on this pair as the current larger trend remains to the upside, however I do expect a pull back to the highlighted area before a resumption. This is a key area as it was the 2017 swing high and has not been revisited since breaking above the beginning of last month.
Novice here so Grateful for this. what could the conservative entry and exit points be for this, on a short order?
EasyCharts
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@narjee165 Appreciate the comment. I can’t provide an exact entry unfortunately but look out for bearish price action in and around the highlighted area. Targeting 1.20040 Good luck!
narjee165
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@EasyCharts, Jeeeez!!! This is clockwork. I followed your analysis and went in these directions with the exact levels - Thanks!
EasyCharts
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@narjee165, Hope you had/are having a good trade bro
narjee165
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@EasyCharts, buzzing mate - I will be looking out for more of your predictions. Thanks!!