At the moment the price is in the balance with the range 0.7088-0.8446.
On the top of the balance we have a bear initiative.
On the bottom of the balance you can see a bulls (indicated as circles).
Horizontal volumes moved at the bottom of the market. This means that market participants are
accumulating their positions. About the medium-term trend up, we will talk when the balance goes up.
While the price is inside the balance and no impulse output, trade from the borders of the balance.
At the bottom of the balance we buy, at the top - sell.
Buy: 0.7264-0.7365
Take Profit1: 0.8144
Take Profit2: 0.8446
Take Profit3: 0.9000
Stop loss - 1-2%
Priority: Balance
On the top of the balance we have a bear initiative.
On the bottom of the balance you can see a bulls (indicated as circles).
Horizontal volumes moved at the bottom of the market. This means that market participants are
accumulating their positions. About the medium-term trend up, we will talk when the balance goes up.
While the price is inside the balance and no impulse output, trade from the borders of the balance.
At the bottom of the balance we buy, at the top - sell.
Buy: 0.7264-0.7365
Take Profit1: 0.8144
Take Profit2: 0.8446
Take Profit3: 0.9000
Stop loss - 1-2%
Priority: Balance
Trade closed: target reached