Hi traders,
On this pair I am looking at a short entry around the 0.805 area.
My reasons for entry?
Please check the charts in the comments aswell for a more clear view.
Entry: 0.8045
Stop: 0.812
Target 1: 0.76
Target 2: 0.7345
Best of luck!
On this pair I am looking at a short entry around the 0.805 area.
My reasons for entry?
- Trend continuation
- Previous support & resistance
- 38.2% fib retracement on the weekly chart
- Trendline
Please check the charts in the comments aswell for a more clear view.
Entry: 0.8045
Stop: 0.812
Target 1: 0.76
Target 2: 0.7345
Best of luck!