The price is trading inside a bullish flag formation where the pair is moving to the downside by retracing toward the area of confluence. This zone is made by the 38.20% Fibonacci retracement level, the support, and the lower end of the channel. This could cause a huge move to the upside toward our target profit. ------------------------------------------------------------------------------------- Trade Idea:
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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.