Hi guys! as you can see we had a range market from 06/29 to 07/08.We can see that price was trying to break the 107.365 level.and finally it made it!! After that a strong bearish candles were appeared and then a flag pattern can be seen.so breaking the flag will push the price to the 50% of fibo level.Strong level at 106.468 will be touched!!!
Note
***we can consider the 106.769 as a first target!Trade closed: stop reached
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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.