many traders have missed long trade on Friday morning and now are looking for an opportunity to join the rally.
be careful with buying on current prices,
on 4H the pair has reached an important trendline and it feels like it is still respected buy the market participant.
the best option for you to buy the pair is to wait for a bullish breakout of the trendline and buy it on pullback
aiming at 1.09 level.
such a plan will give you a good r/r ratio and protection against the occasional price fluctuations,
please, support the idea with like!
thank you!
Note
Strong drop from trendline
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.