Price action could not break the strong support area; now bulls have lined up to control the pair. After the pullback in price, testing the Fib level 0.786, and forming a bullish wedge pattern, we could expect the uptrend continuation in the price action towards the previous high with a TP1 at the wedge's projection pole.
The order:
Type: buy-limit
S/L: 37 pips - R:R | 1:5 -
T/P: previous supply level
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The order:
Type: buy-limit
S/L: 37 pips - R:R | 1:5 -
T/P: previous supply level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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