The price formed triangle with horizontal bottom line at 1.1279, however the fact that it continues to post lower highs and the prise is still under EMA50, I believe there will be a violation of 1.1279, then trade setup on the pull back
Entry - 1.1279
SL - 1.1300
TP - 1.1192
R:R = 4.28:1
Note
Target was hit successfully
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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.