Price in PRZ could drop to then start a bullish movement
My projection for this pair is expect that the prize can descend respecting the PRZ pattern. The parameters to buy are: Start price at: 1.18350 / S/L: 1.18000 / T/P: 1.18690
Reasons for the analysis:
In long term (weekly) is bullish
Price respects the Trend lines marked
Using MT4 the price wants to reach a monthly resistance 1.20520
Reasons for the analysis:
In long term (weekly) is bullish
Price respects the Trend lines marked
Using MT4 the price wants to reach a monthly resistance 1.20520
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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.