Since March 2020, this pair has been in an uptrend. A base was established in the 68.20-69.00 area from where the current up move was launched. Price recently broke above a major S/R zone located in the 71.50-72.70 area.
I expect that area will be revisited and this is the area I will be looking to find an opportunity to join the trend.
If this works out as per my analysis, this trade has the potential to provide a +4R trade.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
I expect that area will be revisited and this is the area I will be looking to find an opportunity to join the trend.
If this works out as per my analysis, this trade has the potential to provide a +4R trade.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.