This pair is recovering near the strong level 1.5000.
Looking at D1 chart we see a bullish butterfly still in play:

Here on H4 chart:
- trendline support
- retesting broken trendline
- potential HS pattern
- convergence divergence setup
- impulse and correction on H1
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Looking at D1 chart we see a bullish butterfly still in play:
Here on H4 chart:
- trendline support
- retesting broken trendline
- potential HS pattern
- convergence divergence setup
- impulse and correction on H1
Best regards.
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
Note
First target hit, movil SL to BEDisclaimer
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.
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.