After the blow off top at around 1.46$ we seem to have found a support on the 50 MA on the daily timeframe @ 1.39$. The overall trend is bearish as we have been forming a descending triangle for the past couple weeks, which explains the tight stop-loss at around 1.3875. That being said we have been selling off this whole week totaling at around 3% so I expect a little breather to the 1.40 range before further downside movement.
I'm personally looking to enter next trading week but I do have I buy order at 1.39. Cheers. TP @ 1.403 SL @1.3875
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.