Weekly doji has formed on this resistance level R2 monthly pivot, there's some divergence on the daily as well.
If we have a break of trend support, take a short position towards the next support level around 1.46, possibly second take profit around 1.44 monthly pivot.
If we have a break of trend support, take a short position towards the next support level around 1.46, possibly second take profit around 1.44 monthly pivot.
Note
Trade active
Trade closed: stop reached
Note
Should have drawn these fib levels before, key level where it was drawn to before the fall. 0.382Fib
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.