Extended downside movement. Long
Updated
Analysis: Price can be seen as extended in the daily time frame and lies at 50% range within the consolidation region which can be viewed as a support level. In the lower time frame, price broke out of a smaller consolidation region with an extended move. In this kind of scenario, price is likely to retrace towards the lower region of the consolidation.
Long opportunity: Long at market reopening towards 1.35483 as Take Profit - 1 level.
Long opportunity: Long at market reopening towards 1.35483 as Take Profit - 1 level.
Trade active
TP1 reached.
TP2 to close fully (1.36091)
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