Depending on the new weekly pivot points, shall the trendline break the price will likely target 1.1800 region. Shall this happen, then it would likely be just a consolidation move before the downtrend resumes again.
Shall the criteria meet, i will put the details of entry in the comment section.
Shall the criteria meet, i will put the details of entry in the comment section.
Trade active:
ENTRY: 1.17340 OR BELOW
SL: 1.16900
TP: 1.17790
RR: 1:1
SL: 1.16900
TP: 1.17790
RR: 1:1
Trade closed: target reached
WEEKLY PIVOT POINTS ARE SET FOR THIS WEEK. POTENTIAL TARGET IF TRENDLINES AND 4H EMA BREAKS IS THE R1 WEEKLY PIVOT