H4 time frame.
Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300.
This is also the 50% Fibonacci confluence of the previous uptrend.
Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100.
The profit target is the resistance zone at 1.39700.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300.
This is also the 50% Fibonacci confluence of the previous uptrend.
Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100.
The profit target is the resistance zone at 1.39700.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.