Price has hit the minimum expectation zone between 1.5546 to 1.5724 area, forming a diagonal structure with divergence formed on the RSI.
These provide us with a good conviction to look for a short trade targeting 1.5250 area, giving us a total of 300 pips potential.
Disclaimer - this is not a trade call. Make sure you understand the risk before trading.
These provide us with a good conviction to look for a short trade targeting 1.5250 area, giving us a total of 300 pips potential.
Disclaimer - this is not a trade call. Make sure you understand the risk before trading.