This Analysis is Based On Price Action Theory.
According to this Analysis, we found an Ascending channel in a lower time frame where the price goes up with multiple pullbacks & bounces back.
At the same time price also reacted to the Fibonacci Retracement level. But on the top, we can see that price is in range & feel the sell Pressure. So, according to this Analysis price will test 1.04736 or 1.04389
According to this Analysis, we found an Ascending channel in a lower time frame where the price goes up with multiple pullbacks & bounces back.
At the same time price also reacted to the Fibonacci Retracement level. But on the top, we can see that price is in range & feel the sell Pressure. So, according to this Analysis price will test 1.04736 or 1.04389
Trade closed: target reached:
done
