IN the daily this pair closes a pin bar which rejected 1.21000 level. So our bias is bearish based from the previous data. Now we want a break of structure then retest it for our short position. We can look a candlestick formation on lower timeframe for our entry and would target the 1h OB (order block) around 1.19550.
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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.