On the 4H chart, there has been a breakout to the upside.
The bearish bias on this chart still holds as the EMA,200 >EMA,50 and the pair is crossing the EMA,200 at 1.34088.
The RSI further confirms a continuation of the initial bearish movement as it is overbought.
Given that the bearish flag is still plausible, The RSI is overbought and EMA,200 has not yet been broken, i would enter a bearish trade off the anticipated continuation of the overall bearish trend.
Entry Point: 1.
S/L: 1.3378
T/P 1: 1.33415 (Ph)
T/P 2: 1.3300
The bearish bias on this chart still holds as the EMA,200 >EMA,50 and the pair is crossing the EMA,200 at 1.34088.
The RSI further confirms a continuation of the initial bearish movement as it is overbought.
Given that the bearish flag is still plausible, The RSI is overbought and EMA,200 has not yet been broken, i would enter a bearish trade off the anticipated continuation of the overall bearish trend.
Entry Point: 1.
S/L: 1.3378
T/P 1: 1.33415 (Ph)
T/P 2: 1.3300
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.
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.