Hello Traders,
This market has been forming a series of lower lows and lower highs.
We have broken these highs to form an area of consolidation.
We have a potential Bat pattern completing at 106.39.
In this area we have some support and Fibonacci confluence. This is where i expect price to react.
Target 1: 106.71
Target 2: 106.92
Feel free to comment, like, share and follow
Instagram KashMarkets
This market has been forming a series of lower lows and lower highs.
We have broken these highs to form an area of consolidation.
We have a potential Bat pattern completing at 106.39.
In this area we have some support and Fibonacci confluence. This is where i expect price to react.
Target 1: 106.71
Target 2: 106.92
Feel free to comment, like, share and follow
Instagram KashMarkets
Trade closed: stop reached
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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.