H1 time frame. Structure: The uptrend was broken after the price completed the head and shoulders pattern and broke the Key level at 123.600. Here is the confirmation of the downtrend, waiting for the price to pull back to test the trendline and sell opportunities at 124.000. The profit target is the price zone of 122.600. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
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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.