Hi Traders!
We almost end the trading week with a trendline break. After failing to push through the major 12 month resistance high, we had a big momentum swing down looking to test the lowest point of May 2023 at 1.24355. We must break this level with momentum to continue down looking for further support around the 1.23448 level.
There may be another opportunity for another entry if there is a successful retest of the trendline break to continue to the downside.
Please do not forget to like, comment and follow.
We appreciate your support!
BluetonaFX
We almost end the trading week with a trendline break. After failing to push through the major 12 month resistance high, we had a big momentum swing down looking to test the lowest point of May 2023 at 1.24355. We must break this level with momentum to continue down looking for further support around the 1.23448 level.
There may be another opportunity for another entry if there is a successful retest of the trendline break to continue to the downside.
Please do not forget to like, comment and follow.
We appreciate your support!
BluetonaFX
註釋
We rallied to retest the trendline for re-entry opportunities and had a small squeeze back inside before continuing down. 1.24355 (May 2023's low) is the key level that must be broken with momentum to continue to the downside.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。