As it can be noticed from the graph, the price has nicely broken below the 0.985 area of previous support now turned into resistance and re-tested the broken structure by printing a wick candle.
We are pretty positive that the price will keep declining till the 0.97 zone of support is reached.
you know this counter trend right ? You should keep ur target and trade size smaller ( 0.9750 target / 0.25 % Risk )
SignalProvider
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Definitely short!
Leo-btm
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Nice analysis, thanks for sharing
TheNewsCrypto
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Agreed, thanks for sharing
yonsfx
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Thanks Roy
Donajor8
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UnknownUnicorn15614419
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Thanks for sharing
ProSignalsFx
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Its a good trade right there!
TopTradingSignals
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Yes, same opinion!
Rockqet
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Prices have broken the ichimoku and in a descending manner hence we are bearish biased. Price is testing at the 0.9755 levels , if it breaks this level we have a bearish confirmation to bring price further down to the 0.9626 levels where the key overlap support sits check out our analysis