Sell with sell stop
Presented is a 1 hr sell analysis with sell stop.
We are in strong resistance zones that are holding true. Chart pattern tells us a sell off to our strong support holds.
Sell stop at 1.41750 and watch for our first reversal support at 1.41400.
RSI is continuing towards oversold while MACD/SIGNAL initiated a cross down towards 0 line.
TP at 1.41200 and 1.41000.
Please comment with thoughts and ideas and be patient for sell stop. Thank you.
We are in strong resistance zones that are holding true. Chart pattern tells us a sell off to our strong support holds.
Sell stop at 1.41750 and watch for our first reversal support at 1.41400.
RSI is continuing towards oversold while MACD/SIGNAL initiated a cross down towards 0 line.
TP at 1.41200 and 1.41000.
Please comment with thoughts and ideas and be patient for sell stop. Thank you.
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