Price recently touched ascending trend-line for the fourth time, which indicates that it has some little respect to it. Now we bounced off previous mini support level (0.65555) which is a good Buy opportunity with Risk/Reward 1 to 4...expecting price to go rise.
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Recently price closed below our channel, we might expect strong impulsive drop...
Note
Same pattern...
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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.