This pair has been on a massive uptrend and we expect it to continue if it breaks and closes above 0.77190 with a good harmonic pattern forming and a good 1:2 R/R ratio.
Another scenario for this pair is to reverse in case the price does not break our previous level as a HEAD and SHOULDERS pattern could be forming.
Another scenario for this pair is to reverse in case the price does not break our previous level as a HEAD and SHOULDERS pattern could be forming.
Note
Trade hasn't been activated, a daily close below 0.75590 would be a big sign of a sell off.
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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.