Technical Analysis:
The price on the daily time frame is trading inside a bullish channel pattern. Currently, the pair is posting a correction to the bottom of the channel where we expect the price to stall and start to move upward. On the lower time frame (4 hour), the price is bouncing inside a wedge formation which represents a correction count, before the next impulse will be revealed.
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Trade Idea:
Buy Limit Order @ 0.9240
Take Profit @ 0.9372
Stop Loss @ 0.9196
Trade Safely 🙂
The price on the daily time frame is trading inside a bullish channel pattern. Currently, the pair is posting a correction to the bottom of the channel where we expect the price to stall and start to move upward. On the lower time frame (4 hour), the price is bouncing inside a wedge formation which represents a correction count, before the next impulse will be revealed.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 0.9240
Take Profit @ 0.9372
Stop Loss @ 0.9196
Trade Safely 🙂
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Related publications
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.
👉 For Free Signals :
t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat
t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat
Related publications
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.