Trigger: Bounce from descending channel support
Entry zone: Current levels above 1.0700
Targets: 1.07510 – 1.07747
Invalidation: Below 1.06536
Comment: Price action is showing signs of support at the descending channel floor, potentially leading to a correction toward upper resistance.
Entry zone: Current levels above 1.0700
Targets: 1.07510 – 1.07747
Invalidation: Below 1.06536
Comment: Price action is showing signs of support at the descending channel floor, potentially leading to a correction toward upper resistance.
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.