So this pair is approaching an important support price level @ 1.38327. While I would normally an approach of a price level as an occasion to look for a price reversal, in this case I am looking for a break in structure. On the 23rd, we saw a bearish inside candle, and on the 24th, we saw a STRONG bearish Pin-bar.
Because of the confluence of these two candles, combined with the upcoming price testing, I'm looking for a short. Once I see a confirmed breakout candle, probably with a close around 1.37948, I'll be going short.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.