Looking at a short term Sell towards the 1.12883 area and then a possible LONG position. Waiting to see if the price breaks the support level and I will enter the trade. Trend has also stayed below the 200 EMA indicating a Short bias, could lead to a possible break of the support.
Yorum
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First support broken but looks like it is bouncing off second support level
İşlem aktif
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Price went to 4th support level which is not indicated but has successfully bounced up as predicted and heading for local resistance level. If you waited for the drop and rise at 4th support level you will be in profit 👍