11 days of accumulation, after a huge downtrend. You can see the flag formation at the D, W timeframes, at the H1, H4 it is obvious that pair doesn't go high at corrections and price is close to local support level for from june 22.
Next level is weekly support from spet'16 therefore we expect an impulse movement after local support breakdown. Next stop is 1.1470, most probably we'll go far, far below.
Next level is weekly support from spet'16 therefore we expect an impulse movement after local support breakdown. Next stop is 1.1470, most probably we'll go far, far below.
Trade closed: stop reached
closed at SLDisclaimer
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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.