The pair has formed two long wicks in a row in a strong area of resistance from where the price has retraced several times in the past. I expect the pair to retrace all the way to the next area of support where the pair has bounced from several times in the past.
Note
Perfect price action and on its way to our target. I did add some more on the break of structure ( black horizontal line )
Trade closed manually
Exited the trade after the big bullish movement. Good profit!
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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.