Slow stochastic now quite showing overbought, but we're in a long term bear trend.
Entry point just below recent support.
Target 1 - at weekly support region.
Stop at short term resistance.
Entry point just below recent support.
Target 1 - at weekly support region.
Stop at short term resistance.
Kommentar:
Be aware of 200 day MA at 1,08472 which shows some effect on price movement.
Kommentar:
Also be aware of candlestick patterns and volume at the entry point as it acts as both support and weekly resistance (they almost touch). Watch for false signals!