Textbook long while ranging downwards
A break of the 0.74800 (38.2% Fib line) would mean a confirmed buy to the next resistance of 0.75800 - a very decent 100 pip move.
Setting your SL below the 23.6% Fib line is recommended.
Setting your SL below the 23.6% Fib line is recommended.
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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.