On the D1 chart the trend started on Nov. 29 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 1.0686
But we should not forget about SL = 1.1019
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
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