The price is trading in a rising parallel channel called bearish flag.
Cause the trend is clearly bearish, most likely we will see bearish breakout of a channel and consequent bearish continuation.
Your plan is:
Wait and sell bearish breakout of 1.883
Initial target - 1.873
Note
market is going downTrade active
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✅Join My Telegram Channel: t.me/VasilyTrading
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❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ 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.