H4 time frame.
Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300.
This is also the 50% Fibonacci confluence of the previous uptrend.
Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100.
The profit target is the resistance zone at 1.39700.
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Wish you all have a good trading day!
Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300.
This is also the 50% Fibonacci confluence of the previous uptrend.
Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100.
The profit target is the resistance zone at 1.39700.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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