Price broke support. That area is now acting as resistance and price is being rejected. Rejection is also at the 0.5 Fib level. My first target is at 1.20 and the second target is at 1.19
Feel free to leave your thoughts and idea below :)
Feel free to leave your thoughts and idea below :)
Note
I've adjusted my stop loss so I haven't been stopped out. Price is retesting the trendline right now.Trade closed: stop reached
Strong bullish move upward.
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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.