Analysis:
ALGOUSD-1H is currently in a bearish trend. We can enter in a short trade as the chart just printed bearish candle stick pattern. For this trade the stop loss will be at 0.2440 which is the previous lower high level.
------ Trade ------
Chart: ALGOUSD-1H
Type: Short
Entry: 0.2292
Stop Loss: 0.2440
TP1: 0.2144
TP2: 0.1996
ALGOUSD-1H is currently in a bearish trend. We can enter in a short trade as the chart just printed bearish candle stick pattern. For this trade the stop loss will be at 0.2440 which is the previous lower high level.
------ Trade ------
Chart: ALGOUSD-1H
Type: Short
Entry: 0.2292
Stop Loss: 0.2440
TP1: 0.2144
TP2: 0.1996