The current blue curve which supported the pair multiple times was broken on July 13, 2020.
I am buying the pullback assuming today's prices have reached a bottom.
As you can see, we have high volume node (HVN) around the 61.8% fib level which is my level of interest (target), suggesting it could face a strong resistance at these levels.
Trade at your own risk
I am buying the pullback assuming today's prices have reached a bottom.
As you can see, we have high volume node (HVN) around the 61.8% fib level which is my level of interest (target), suggesting it could face a strong resistance at these levels.
Trade at your own risk
Note
Let's zoom in a little bit: Note
Note
Trade closed: target reached
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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.