The price after the down trend consolidated in the range of @ 0.69 - 0.79.
The price breaks out this consolidation and continued the upward movement to the resistance zone 1.06 - 1.15.
Then we saw an increased volume and bearish reaction on it.
Price is in the range between zones:
supoort zone @ 0.91 - 0.87
resistance zone @ 1.07 - 1.15
Entry point: 0.91 (Buy limit), 1.15 (Buy stop or buy limit)
Stop: 0.85(Enter @ 0.91), 1.05(Enter @ 1.15)
Target1: 1.29
Target2: 1.55
The price breaks out this consolidation and continued the upward movement to the resistance zone 1.06 - 1.15.
Then we saw an increased volume and bearish reaction on it.
Price is in the range between zones:
supoort zone @ 0.91 - 0.87
resistance zone @ 1.07 - 1.15
Entry point: 0.91 (Buy limit), 1.15 (Buy stop or buy limit)
Stop: 0.85(Enter @ 0.91), 1.05(Enter @ 1.15)
Target1: 1.29
Target2: 1.55
Trade closed manually
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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.
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.