If the breakout is indeed false, we will go short and take profit at 1.09693.
Also, at that point (1.09693) we will look for bullish reversals to go long and take profit around 1.12141 (as indicated on the chart).
Also, at that point (1.09693) we will look for bullish reversals to go long and take profit around 1.12141 (as indicated on the chart).
Trade closed: target reached
We now look to buy the pair at the support
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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.