Two scenarios here, we have 61,8%fib lvl Doing a great job as resistance so far.. If price manages to break, i can see it climbing all the way to 1.2700 area! On the other hand, we have a possible break down of the pattern and that could cause price to drop to at least 1.2150! For now we wait!
What do you think?? Leave a comment!!
What do you think?? Leave a comment!!
Note
First entry running +20pipsNote
First entry full closed with +95pipsNote
Second entry for 1.2260 running +30pipsNote
Second entry closed with +20pipsMonitoring for a third possible entry
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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.