The pair is in the back of 127% Fibonacci, which is considered a strong supportive zone due to the positive divergence. If the price falls below 161.8%, Fibonacci is the second target, which is the potential for downgrading to complete the harmonic CRAB pattern. It has the same range.
Trade closed: target reached
TP1Trade closed: target reached
TP 2Disclaimer
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.
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.