price has retraced to a key region with supporting confluence from trendline and fib regions if price can respect this area with candlestick behaviour displaying slowed momentum, buying opportunities could be more predominant to a shift into new highs like 110.00 which correlates to -27% fib level.
Trade closed: target reached
+500 pips achieved on this trade
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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.