what happens when it rises too fast? :)
a correction will be needed soon in the newly formed rising wedge, I expect some cool down period happening today - providing a safe journey from today's US economy data.
Be noted that IG sentiments shows over 52% sells today (55% in past hour) and myfxbooks shows 82% sells, so it might a a dangerous pair to trade with even though technicals suggests a correction needed.
TP: 1.39 is a realistic and psychological level to TP. After that, it really depends on the market move from that point.
SL: a few pips based on lower edge of historical supply zone.
GL.
Be noted that IG sentiments shows over 52% sells today (55% in past hour) and myfxbooks shows 82% sells, so it might a a dangerous pair to trade with even though technicals suggests a correction needed.
TP: 1.39 is a realistic and psychological level to TP. After that, it really depends on the market move from that point.
SL: a few pips based on lower edge of historical supply zone.
GL.
Feragatname
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.