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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đź—Ł Our Website :
forexrobotnation.com/
📡 Our Youtube Channel :
www.youtube.com/c/tradewithpat
✔️ Our TikTok
tiktok.com/@tradewithpat