After price rejected its daily uptrend line & 50 fibonacci level, my projection is a rebound back to the upside. But a break & retest of that trend line could give us a break to the downside. Lets see
Note
nice bounce I went longNote
perfect bounce, first target at 38.2 fibNote
2nd position I will trail & adjust to breakeven.. Catch as many pips as possible :DNote
closed out with 50 pips, price hit resistance at 1.51500 then rejected lower. The trend line could possibly breakNote
Congrats to those who held until target patience pays off ...
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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.