hello friends, I have a sell trade going on here with a possible vision of -380, but to date the price is in a significant retracement-extension zone from its last bullish momentum from where it can follow an uptrend and meet those marked in blue, then what I am is the following:
-, - move my stop a few points above the 0.705 level.
-, - monitor the possible chart figures that are formed from the level at which the price is now, this will give me a clearer vision of the future direction of the price.
-, - be aware of the news related to this pair.
disclamer: I have a somewhat long vision in this pair because it is possible that it forms a very repeated fractal in institutional purchases, but it is not always like that (I do not let the operations run that long), the variants in a long operation can be many
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