Possible trend reversal - ccy pair has hit the strong support level. Will probably wait for another 1H candlestick to confirm its bullish momentum before going long.
To then take profit at 50% of fib retracement which also happens to be a strong resistance zone
To then take profit at 50% of fib retracement which also happens to be a strong resistance zone
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.
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.