Hello traders, I believe that there is potential upside for the pair and here is why:
Monthly, Weekly and Daily
4 hour
Monthly, Weekly and Daily
- Price broke all time highs last week, and therefore, for now it seems that there is infinite potential to the upside for the pair.
4 hour
- Price has formed a bullish pattern (higher high). Using the fib tool, the -27.2 target has not been achieved yet which is at 40,500.
- If I am to enter the pair, then I expect a retest of 40,050 so that the pair collects orders before we move to the upside
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