It is been observed on the daily chart that the price action breaks out and closes below the crucial support levels of 4.75 indicating sellers dominance and control over price action at current levels. It indicates further bearishness in upcoming trading sessions and the prices shall further move down to next support levels at 4-3.80 levels.
Target 1: 4.1
Target 2: 4.0
Stoploss: 5
Risk Reward: 1:1
Target 1: 4.1
Target 2: 4.0
Stoploss: 5
Risk Reward: 1:1
Trade active
Closing up to Targets, Already 2% down. RegardsTrade active
Trade closed: target reached
Big Target reached successfully, Regards
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.