Technical Analysis:
The price is trading inside a bearish channel formation, but it managed to break it to the upside by leaving behind an inverse head and shoulders. This led to a reversal and then a move upward where we expect a lower correction to the neckline of the head and shoulders and then a rally toward the 1.5056 USD level.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 1.4914
Take Profit @ 1.5056
Stop Loss @ 1.4849
Trade Safely 🙂
The price is trading inside a bearish channel formation, but it managed to break it to the upside by leaving behind an inverse head and shoulders. This led to a reversal and then a move upward where we expect a lower correction to the neckline of the head and shoulders and then a rally toward the 1.5056 USD level.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 1.4914
Take Profit @ 1.5056
Stop Loss @ 1.4849
Trade Safely 🙂
👉 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.
👉 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.