$BR is facing a different test now. The earlier rally has lost steam, and sellers are pushing price toward the lower end of the range.
After reaching 0.74999, price started forming lower highs and has now dropped to 0.5901. I’d keep an eye on 0.5778–0.5900; buyers need to defend this area before a recovery setup looks convincing.
Entry: 0.5850 – 0.5950
TP: 0.6150 / 0.6400 / 0.6650
SL: 0.5680
If support holds, a bounce toward 0.6150 is possible.. A clean break below 0.5778 would make me step aside.
NFA. Manage risk.
Trade Here On $BR 👇
After reaching 0.74999, price started forming lower highs and has now dropped to 0.5901. I’d keep an eye on 0.5778–0.5900; buyers need to defend this area before a recovery setup looks convincing.
Entry: 0.5850 – 0.5950
TP: 0.6150 / 0.6400 / 0.6650
SL: 0.5680
If support holds, a bounce toward 0.6150 is possible.. A clean break below 0.5778 would make me step aside.
NFA. Manage risk.
Trade Here On $BR 👇