That area just above 1.70 presents a confluence of resistance that makes it a significant and key breakout level.
One can wait for a breakout and re-test setup to maximize RR to one's favor.
I'm personally actively looking to enter a smaller position to maybe front run the breakout which is looking quite imminent.
My 4HR levels:
One can wait for a breakout and re-test setup to maximize RR to one's favor.
I'm personally actively looking to enter a smaller position to maybe front run the breakout which is looking quite imminent.
My 4HR levels:
Nota
Couldn't get an entry in. Looks like it may be on its way but letting this one go.Nota
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.