Hi Traders!
As you can see the market was moving in a strong uptrend after the breakout.
Then it reatraces and is ranging.
In D Timeframe we can see a doji which shows weakness of the market.
We expect the market to break out and finally changes the trend.
Our target is the level it broke out 0.67500.
Alternative it breaks out upwards and continues the trend.
Thanks and good luck :) !
As you can see the market was moving in a strong uptrend after the breakout.
Then it reatraces and is ranging.
In D Timeframe we can see a doji which shows weakness of the market.
We expect the market to break out and finally changes the trend.
Our target is the level it broke out 0.67500.
Alternative it breaks out upwards and continues the trend.
Thanks and good luck :) !