Daily timeframe.
The price broke the medium-term downtrend structure.
The bearish structure appeared divergence and the price broke Key level 0.71000.
Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes.
The profit target is the price zone of 0.73000 when the price has signaled to confirm the uptrend.
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Wish you all have a good trading day!
The price broke the medium-term downtrend structure.
The bearish structure appeared divergence and the price broke Key level 0.71000.
Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes.
The profit target is the price zone of 0.73000 when the price has signaled to confirm the uptrend.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.