The pair is trading in a narrowing wedge, and is now at a horizontal support level.
At a closer inspection, a double bottom is clearly visible. So, once there is a breakout of the small diagonal resistance line, go long from a retracement.
Simple structure trade with decent risk reward and good success probability.
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Wish you all luck in your trading!
At a closer inspection, a double bottom is clearly visible. So, once there is a breakout of the small diagonal resistance line, go long from a retracement.
Simple structure trade with decent risk reward and good success probability.
Like and subscribe not to miss any updates!
Wish you all luck in your trading!
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✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.
✅ FREE Telegram channel: t.me/prosignalsfxx
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
✅ My Website: prosignalsfx.eu/
✅ For VIP SIGNALS contact: t.me/prosignalsfx_contact
✅ RELIABLE BROKER: prosignalsfx.eu/trustedbroker
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.