Keep it simple. Using Harmonic patterns.
The 1.02 mark is an absolutly strong resistance area, look at all the harmonic legs that are leading to the 1.02 mark. Because of this, this is a low risk profile short setup. There are different scenarios. For instance It can go immediately to that mark and create a wick, -or it can trade in a trading range above the mark and then fall back below and retrace from that level, before a potential pullback or reversal. Harmonic moves can be beautiful folks,
This is a beautiful low risk short setup!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one
The 1.02 mark is an absolutly strong resistance area, look at all the harmonic legs that are leading to the 1.02 mark. Because of this, this is a low risk profile short setup. There are different scenarios. For instance It can go immediately to that mark and create a wick, -or it can trade in a trading range above the mark and then fall back below and retrace from that level, before a potential pullback or reversal. Harmonic moves can be beautiful folks,
This is a beautiful low risk short setup!
𝘼 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 follow 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙖𝙥𝙥𝙧𝙚𝙘𝙞𝙖𝙩𝙚𝙙!
Thank you and have a good one