As we approach the end of the month a bullish reversal is expected on this currency as in the past week we have seen the lowest low weakening To produce an Equal low meaning the bears have exhausted the momentum on the downside and that the Bulls are stepping in and more buy orders are being injected we need to hit the nearest supply zone to produce enough liquidity to fuel the currency on a bearish trajectory expecting after the choch next week we might see a reversal and More bulls coming in and getting the price @0.84785, for now, am just going to take the 1st tp as await the next move.
The next 2nd tp for aggressive traders would aim @0.84600 sl set your own preference
The next 2nd tp for aggressive traders would aim @0.84600 sl set your own preference
Trade closed: target reached
as we hit the anticipated target our bullish reversal worked as anticipated we hit all the tps as we await the NFP it is a game of wait and today is no trade day for coming back on Wed when the storm comes down.Trade closed: target reached
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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.