H1 time frame.
Structure: Downtrend.
The price tends to be sideways in the range of 60000 to 62500.
Waiting for a clear break of the 62500 resistance and a confirmation retest signal could look for buying opportunities.
Or a downside break of 58000 support and a reversal pattern could be found, a buying opportunity could be found.
The profit target is the 67000 price zone.
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Wish you all have a good trading day!
Structure: Downtrend.
The price tends to be sideways in the range of 60000 to 62500.
Waiting for a clear break of the 62500 resistance and a confirmation retest signal could look for buying opportunities.
Or a downside break of 58000 support and a reversal pattern could be found, a buying opportunity could be found.
The profit target is the 67000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Website: tradafx.net/
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Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
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Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.