As you seen in 1H chart, we have an uptrend which was in the correction phase in the form of a symmetrical triangle pattern.
Now, the triangle has been broken out to the upside and we can expect a rise in price.
If price pulls back to the triangle, we can enter long with three targets:
The first one around 0.9390 which is a resistance barrier and in the case of an upside breakout on that level, more rise to 0.9410 and 0.9470
Now, the triangle has been broken out to the upside and we can expect a rise in price.
If price pulls back to the triangle, we can enter long with three targets:
The first one around 0.9390 which is a resistance barrier and in the case of an upside breakout on that level, more rise to 0.9410 and 0.9470
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