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Price in a bearish channel and currently below a very strong resistance. SL just above 0.618 Fibonacci level. Entry Just below the support. Risk Reward 1:3
Price has broken out of bearish descending triangle on weekly chart. Entry is at strong resistance which happens to be at the Fibonacci level of 0.382. TP put just above the next crucial support level on the weekly chart.
Approaching strong resistance level. Let's expect price to retrace to 0.382 Fibonacci level (@1930).