Short
According to the daily time frame, it is a bearish trend and it pullbacked to (0.236 fib).
After touching the market structure, (hour time frame) it looks like a reversal and when it completes the ABCD pattern, target will be the next market structure at 0.830
Stop loss will be away from the structure.
0.841 - 0.830, sl @ 0.845, R:R 1:2 or take partial profits @ 0.835 and 0.830.
After touching the market structure, (hour time frame) it looks like a reversal and when it completes the ABCD pattern, target will be the next market structure at 0.830
Stop loss will be away from the structure.
0.841 - 0.830, sl @ 0.845, R:R 1:2 or take partial profits @ 0.835 and 0.830.
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