This Analysis is Based On Price Action Theory.
According to this Analysis, we found an Ascending channel in a lower time frame where the price goes up with multiple pullbacks & bounces back.
At the same time price also reacted to the Fibonacci Retracement level. But on the top, we can see that price is in range & feel the sell Pressure. So, according to this Analysis price will test 1.04736 or 1.04389
According to this Analysis, we found an Ascending channel in a lower time frame where the price goes up with multiple pullbacks & bounces back.
At the same time price also reacted to the Fibonacci Retracement level. But on the top, we can see that price is in range & feel the sell Pressure. So, according to this Analysis price will test 1.04736 or 1.04389
Trade closed: target reached
done
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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.
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.