Price broke out of an upward treeline @ 0.71538 followed by a pull back by buyers to contest the broken trend line. A struggle movement by buyers confirms that the buyers are done for the sellers to come in.
Trade active
Moving Stop Loss to 0.71300 as we expect more bearish movement to Take Profit areaTrade closed: target reached
Take Profit Hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.