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!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.