The pair reached the twioce tested Pivot Support Level again. This is an Action Point. Here we see a Cluster of idicators: Here is based the EMA 200 which broke 2 days ago (bearish) - here is also based the EMA90 (supportive) and the 38,2 fibo (supportive). Below that Level i exspect a fast dip.
1. Buy this Level, SL should be a bit below the 0,382 fibo retracement (risky) 2. Sell the breakout through that Level - sl should be installed a bit above the ema 200 ("low risk")
The RSI signs further downpotential. The green curve illustrates the declining bullish momentum...!
Comments are welcome -agree or disagree.
Kommentare
motleifaul
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Did you manage this up and down?
motleifaul
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This is really an action point. But the action is unclear now. Still trying the downside.
motleifaul
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Now the short term is supporting this idea.
TAJIR_B
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i see divergence on h1, maybe there is a space for move up