Hello fellow traders,
This idea is based on the fact the price has reached 4.10 being the lowest for a long time and as it's also on the weekly EMA200 it's a good place for the price to have a turning point at least to the Fib level of 0.382 at 4.25
This is not a trading advise it's just an idea so trade carefully, place your bets with s/l being at your own nerve resistance level :D good luck!
This idea is based on the fact the price has reached 4.10 being the lowest for a long time and as it's also on the weekly EMA200 it's a good place for the price to have a turning point at least to the Fib level of 0.382 at 4.25
This is not a trading advise it's just an idea so trade carefully, place your bets with s/l being at your own nerve resistance level :D good luck!
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