The price took a period of time to move sideways while maintaining a bullish momentum, and it strongly launched from its support towards the 1.2050 levels.
Buying opportunities are available from 1.1900_1.1850 levels targeting the 1.2050 levels.
SL: Pay attention to the 1.1750 level.
The second scenario is possible, when hitting 1.1750 then it should retest the support area (making new resist) then the Flag pattern will be active targeting 1.1600
Buying opportunities are available from 1.1900_1.1850 levels targeting the 1.2050 levels.
SL: Pay attention to the 1.1750 level.
The second scenario is possible, when hitting 1.1750 then it should retest the support area (making new resist) then the Flag pattern will be active targeting 1.1600
Trade closed: stop 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.