Price action has formed a Bearish Bat formation after its recent pullback into a previous support area 110.700. which also is a 0.618 fib retracement area!
Currently have taken 2 positions looking to take first targets off at
1st target : 109.932
2nd target : 109.114 (second target will be trailing my stops!)
Currently have taken 2 positions looking to take first targets off at
1st target : 109.932
2nd target : 109.114 (second target will be trailing my stops!)
Trade active
Target 1 Hit stops moved to break even!Trade closed: target reached
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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.