On the 1h timeframe it shows a continuation of the downtrend with a bearish rising wedge. It is also close to hitting the 60% on Fib. retracement and we expect a downfall from this area.
Trade active
As expected, now we are looking for a first TP at 150.750.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.