An opportunity with a 72% probability of a rebound to the price zone 1.3466/76. Based on the Supply and Demand zones, previous new lows, breaking out of the demand zone, and today's high ATR above the previous 5-day average. I don't think that this place will be a trend change point, but more like a rebound where you can earn around 50-70 pips.
Note
market has reached the entry priceNote
1.3400 - 1.3390 is perfect take profit zone. I do not recommend trading through this zone.Note
+60 pips
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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.