The price may reach 2.2814 as a corrective movement before resuming its decline, aiming to break through the consolidation zone by surpassing the bearish target at 2.1303, ultimately reaching the second target at 1.9603.
A sustained trade above the consolidation zone could lead to an upward movement, with the first target set at 2.2814, particularly if a 4-hour candle closes above this level.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
Also on:
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.