The motive rise from 1.18 is segregated on the 1HR chart above. The expected "shoulder" correction is labeled A-B-C (green),in a speculative wedge formation.
SWING / POSITIONS :-
Sell Leg (B-Green) <1.2560/80> to target Leg (C-green) bottom @ 1.2340 / 1.2290. Compile longs in Leg (C-green) "inverted shoulder" level, to holds & break >market high.
Profitable Trades
Summerset
SWING / POSITIONS :-
Sell Leg (B-Green) <1.2560/80> to target Leg (C-green) bottom @ 1.2340 / 1.2290. Compile longs in Leg (C-green) "inverted shoulder" level, to holds & break >market high.
Profitable Trades
Summerset
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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.