Price is respecting the uptrend channel.
M pattern formed, price should bounce off 23% fib level which is the new demand level and continue in long which is confirmed by the parallel channel support trend line.
Enter buy when price goes over the 8 EMA
Entry: 0.71896
TP: 0.72675
M pattern formed, price should bounce off 23% fib level which is the new demand level and continue in long which is confirmed by the parallel channel support trend line.
Enter buy when price goes over the 8 EMA
Entry: 0.71896
TP: 0.72675
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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.
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.