According to the analysis, we may see a pullback to the highlighted yellow box before a Long Opportunity.
Alternatively, the price may be trying to make HH prior the LH. At the moment the price is consolidating.
Alternatively, the price may be trying to make HH prior the LH. At the moment the price is consolidating.
Note
As forecasted, the price has fallen down to the range of 124.200-300. Therefore, we may see a long opportunity to 124.800 and then a swing to 125.200 psychological level.
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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.