Price has recently tapped into a significant level around 1.26. and has posted a pin bar on the 4hr
and a morning star pattern on the 1hr. the overall trend has turn bearish with a massive move down of late. so this trade is a bit risky but we typically except a bullish pullback following a bearish break of structure before see a continuation to the downside. My fist target is 1.27, which oddly lines up with the 236 fib level. trade safely and protect the capital.
and a morning star pattern on the 1hr. the overall trend has turn bearish with a massive move down of late. so this trade is a bit risky but we typically except a bullish pullback following a bearish break of structure before see a continuation to the downside. My fist target is 1.27, which oddly lines up with the 236 fib level. trade safely and protect the capital.
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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.