Technical Analysis:
The price is trading inside a bearish channel formation where it reversed after facing a strong support (1.1801). The market has moved higher and posted a continuation pattern which is the bullish flag pattern where we expect a lower correction to the highlighted zone before a rally toward the target profit.
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Trade Idea:
Buy Limit Order @ 1.1848
Take Profit @ 1.1878
Stop Loss @ 1.1837
Trade Safely 🙂
The price is trading inside a bearish channel formation where it reversed after facing a strong support (1.1801). The market has moved higher and posted a continuation pattern which is the bullish flag pattern where we expect a lower correction to the highlighted zone before a rally toward the target profit.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 1.1848
Take Profit @ 1.1878
Stop Loss @ 1.1837
Trade Safely 🙂
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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.
👉 For Free Signals :
t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat
t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat
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.