Probability of Bullish Scenario
Given the channel breakout, trading volume, and rebound from strong support, the chance of hitting TP2 could be estimated at around 65–70%, provided the TP1 breakout is confirmed with strong volume.
If price falls back below 1.080, the bullish scenario weakens.
Given the channel breakout, trading volume, and rebound from strong support, the chance of hitting TP2 could be estimated at around 65–70%, provided the TP1 breakout is confirmed with strong volume.
If price falls back below 1.080, the bullish scenario weakens.
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.
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.