HELLO FELLOW TRADERS,
We can see that the price broke on previous support key level 1.22215. At this point, we should see a retest back 1.22215 before the price continues to go drop. In addition, the chart also creates a rising wedge and we can use them as one of our confirmation of a sell opportunity. Lastly, with a nice 1:2 RRR we should see the price come to 1.20336 which is the next target or take profit.
FEEL FREE TO WRITE YOUR FEEDBACK, LIKE AND SHARE.
LET''S HAVE A PROFITABLE WEEK :)
We can see that the price broke on previous support key level 1.22215. At this point, we should see a retest back 1.22215 before the price continues to go drop. In addition, the chart also creates a rising wedge and we can use them as one of our confirmation of a sell opportunity. Lastly, with a nice 1:2 RRR we should see the price come to 1.20336 which is the next target or take profit.
FEEL FREE TO WRITE YOUR FEEDBACK, LIKE AND SHARE.
LET''S HAVE A PROFITABLE WEEK :)