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Initiate Long.
Entry - 1.30000
TP 1 - 1.30430
TP 2 - 1.30950
TP 3 - 1.31760
SL - 1.29545 (Slightly below Pivot Support 1)
Reason: Supported by horizontal support (previous channel resistance - strong level). Supported by pivot point support. Falling wedge pattern.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Long.
Entry - 1.30000
TP 1 - 1.30430
TP 2 - 1.30950
TP 3 - 1.31760
SL - 1.29545 (Slightly below Pivot Support 1)
Reason: Supported by horizontal support (previous channel resistance - strong level). Supported by pivot point support. Falling wedge pattern.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.