For those who are interested in something more exotic, then this is pretty looking chart.
I have done some analysis on it previously, where I identified the channel, but thought that it will break it and continue the downfall. Still ended up in profit, by shifting my stops.
In this situation, I think that there is a good chance for this pair to retrace at least to 69.85 level, and then maybe lower. But one step at a time.
I recommend to wait for today's Daily candle to close and then enter the position.
You can place a SL just slightly above yesterday's high of 72.094, around 72.15 (just in case this doesn't work out).
TP at 69.85.
Keep an eye on the price action!
I have done some analysis on it previously, where I identified the channel, but thought that it will break it and continue the downfall. Still ended up in profit, by shifting my stops.
In this situation, I think that there is a good chance for this pair to retrace at least to 69.85 level, and then maybe lower. But one step at a time.
I recommend to wait for today's Daily candle to close and then enter the position.
You can place a SL just slightly above yesterday's high of 72.094, around 72.15 (just in case this doesn't work out).
TP at 69.85.
Keep an eye on the price action!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.