The price posted a double bottom at the end of the correction and around the 50% Fibonacci retracement level. Now, it is trading above the neckline of this pattern where we believe it will get stuck there and then a rally all the way up to the target profit. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit Order @ 0.7276 Take Profit @ 0.7305 Stop Loss @ 0.7261
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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.