1:) Symmetrical Triangle Breakout 2:) 50% Fib level intersects with 14 day bearish trend-line and 7 day bullish trend-line that was recently broken which could create a triple threat of resistance. 3:) Expected resistance at .7200 4:) Bearish Cloud 5:) Why the hell not.
Entry @ .7195 SL @ .7128 TP @ .7100
Sorry for the double post but unable to delete the previous one and this is more detailed and helpful.
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I can't win with Tradingview not allowing to edit my comments so that I can correct the typos.
SL is .7228 NOT .7128 so no dumb questions.
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Price is hugging our trendline heading towards our projected entry