After the downtrend movement and hitting the 4-H support line, started an uptrend movement towards the resistance zone around 1.500, and then the next target is daily resistance at 1.630, which is in the 1.5 Fibonacci range.
Trade active
You can have a buy order at the price 1.370 ( like me )or entry after reaching the downtrend channel around 1.300 till 1.310 prices ( i guess it won't happen! )
set stop loss at 1.250
and targets are: 1.500 and 1.630
Trade closed: target reached
first target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.