Technical Analysis:
The price is trading inside a bullish flag formation where the pair is moving to the downside by retracing toward the area of confluence. This zone is made by the 38.20% Fibonacci retracement level, the support, and the lower end of the channel. This could cause a huge move to the upside toward our target profit.
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Trade Idea:
Buy Limit Order @ 90.16
Take Profit @ 90.76
Stop Loss @ 89.96
Trade Safely 🙂
The price is trading inside a bullish flag formation where the pair is moving to the downside by retracing toward the area of confluence. This zone is made by the 38.20% Fibonacci retracement level, the support, and the lower end of the channel. This could cause a huge move to the upside toward our target profit.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 90.16
Take Profit @ 90.76
Stop Loss @ 89.96
Trade Safely 🙂
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t.me/tradewithpatfree
🗣 Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
www.youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat