Expect a pullback from this pair after a strong rally. RSI indicates this pair is being overbought and price rejection is shown at the top of uptrend channel. This pair should retrace back to 61.8 level which coincides with lower bound of uptrend channel.
Slightly risky trade since we are shorting against the uptrend.
Enter: 0.7355
TP: 0.73
SL: 0.7385
Slightly risky trade since we are shorting against the uptrend.
Enter: 0.7355
TP: 0.73
SL: 0.7385
עסקה סגורה: היעד הושג:
Price has pulled back to bottom of uptrend channel