Trade Analysis: Bearish
Risk: 1%
Timeframe: H4
Entry Price: 9.37681
As prices consolidate below the 200-day ema we have a chart structure break down coinciding with negative momentum.
We have initially set up a 2:1 risk reward trade and keep an eye on any news announcements.
Risk: 1%
Timeframe: H4
Entry Price: 9.37681
As prices consolidate below the 200-day ema we have a chart structure break down coinciding with negative momentum.
We have initially set up a 2:1 risk reward trade and keep an eye on any news announcements.
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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.
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.