Break of bullish trendline acting as resistance together with previous support levels also becoming resistance.
+Fibo 61.8 who rejected the price going further up.
I would like the RSI to be higher, but the above makes a case strong enough for an entry.
Target - structure together with previous falling trendlines which could act as support.
I will watch this closely as we move closer to the official rate news and tighten my SL if possible.
+Fibo 61.8 who rejected the price going further up.
I would like the RSI to be higher, but the above makes a case strong enough for an entry.
Target - structure together with previous falling trendlines which could act as support.
I will watch this closely as we move closer to the official rate news and tighten my SL if possible.
Trade closed: target reached
Boom!
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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.