Price has broken out of a consolidation range and retested previous structure support at 0.6299. Bullish momentum followed with a clean engulfing candle on the 1H timeframe, confirming potential continuation.
Entry: $0.6299 (demand zone retest)
Stop Loss: $0.6186 (below demand)
Target: $0.6900 zone (key resistance, can be extended depending on the market conditions)
Entry: $0.6299 (demand zone retest)
Stop Loss: $0.6186 (below demand)
Target: $0.6900 zone (key resistance, can be extended depending on the market conditions)
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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.