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Channnel

POSSIBLE LONG OPPORTUNITY Hello traders! Just an update on this pair. We shorted the market from the previous idea and all targets were satisfied. We now see a re-entry to this downward channel and we know that this pair has been in a strong trend upward. This is why we believe we can see a rally to previous structure as the retest already happened. But can we get a chance for another long position entry? If we get a retest at 73.350 we could see a bullish reaction to 74.000-74.500. Monitor for trading opportunities. This is an idea not a signal, shared for educational purposes. Trade smart don’t gamble. -Rum
Long
by PipTips