In his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
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100% Forex Market
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
I hope my analysis is useful for your next trades
Don't forget to hit the like button, I really appreciate it
Follow me for more ideas
100% Forex Market
Trade closed: target reached
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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.
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.