Hi Traders,
Based on technical analysis we can see bearish divergence happening and price coming back from overbought position and volume confirming the bearish movement that is about to happen. Place a short or sell position when price break the support line at 1.47405, first take profit at 1.47066 or can be used as a second entry point and take profit at 1.46420, you can place your stop loss anywhere above 1.47600
Thanks,
Happy trading
Based on technical analysis we can see bearish divergence happening and price coming back from overbought position and volume confirming the bearish movement that is about to happen. Place a short or sell position when price break the support line at 1.47405, first take profit at 1.47066 or can be used as a second entry point and take profit at 1.46420, you can place your stop loss anywhere above 1.47600
Thanks,
Happy trading