Technical Analysis:
The price on the higher time is showing lower lows and highs where it is smashing all the daily supports. Recently, the price posted a correction count toward the resistance (previously support) at 1.4914 USD level. On the lower time frame, the price is forming a bearish pennant, where we expect a breakout to the downside and then a move downward toward the 1.4852 USD mark.
-------------------------------------------------------------------------------------
Trade Idea:
Sell Limit Order @ 1.4914
Take Profit @ 1.4852
Stop Loss @ 1.4940
Trade Safely π
The price on the higher time is showing lower lows and highs where it is smashing all the daily supports. Recently, the price posted a correction count toward the resistance (previously support) at 1.4914 USD level. On the lower time frame, the price is forming a bearish pennant, where we expect a breakout to the downside and then a move downward toward the 1.4852 USD mark.
-------------------------------------------------------------------------------------
Trade Idea:
Sell Limit Order @ 1.4914
Take Profit @ 1.4852
Stop Loss @ 1.4940
Trade Safely π
π For Free Signals :
t.me/tradewithpatfree
π£ Our Website :
forexrobotnation.com/
π‘ Our Youtube Channel :
www.youtube.com/c/tradewithpat
βοΈ Our TikTok
tiktok.com/@tradewithpat
t.me/tradewithpatfree
π£ Our Website :
forexrobotnation.com/
π‘ Our Youtube Channel :
www.youtube.com/c/tradewithpat
βοΈ Our TikTok
tiktok.com/@tradewithpat