Confluences for Trade: - Weakening momentum in rally - Price rejected 50 EMA - Price action at 38% Fibo Retracement - Price action at Resistance Trendline - Price action at Horizontal Resistance Trendline - Stochastic Overbought momentum (H4)
Suggested Trade: Entry @ Area of Interest 0.9950 - 1.0000 SL: 1.0049 TP: 0.9842 RR: Approx. 2.00 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.