2017-05-07
Price action has broken above and closed above the channel of consolidation. RSI and Stoch are close to overbought indicating a reversal or pull back likely to re-test structure before continuing bullish trend. Next target at 1.30828 - Fib future D and confluence with strong structure resistance.
Potential 102 pips on this buy.
Price action has broken above and closed above the channel of consolidation. RSI and Stoch are close to overbought indicating a reversal or pull back likely to re-test structure before continuing bullish trend. Next target at 1.30828 - Fib future D and confluence with strong structure resistance.
Potential 102 pips on this buy.
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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.