After a bullish break out we saw a pullback to the downward trendline, demarking the upper side of the triangle.
A bullish bat has just completed and price reacted within the PRZ which is outlined by an almost perfect match of an 1.61 extended AB=CD and the 0.886 XA retracement.
Also a strongly oversold RSI is indicating that this could be a potential turning point to the upside and I will ride that, like I did the beakout.
-> already entered @1.2308
-> SL @1.2280
-> Target 1 goes to @1.2370
Happy to hear your opinion on this opportunity. Feel free to comment and happy pips to you all.
Nemo
A bullish bat has just completed and price reacted within the PRZ which is outlined by an almost perfect match of an 1.61 extended AB=CD and the 0.886 XA retracement.
Also a strongly oversold RSI is indicating that this could be a potential turning point to the upside and I will ride that, like I did the beakout.
-> already entered @1.2308
-> SL @1.2280
-> Target 1 goes to @1.2370
Happy to hear your opinion on this opportunity. Feel free to comment and happy pips to you all.
Nemo