Pair has formed bearish convergence on M15 and it is now retracing near around 50% of the initial down move which took place on the H4 chart. There is also bearish hidden divergence already so i believe a sell here is a good idea.
Technical Analysis
H4 – hidden bearish divergence
M15 – convergence
Entry
Sell now market price 83.71
Target 1: 82.70
Target 2: 81.50
SL: above 84.00
Yours,
Vladimir
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