Major Takeaways
Main scenario: consider long positions from corrections above the level of 1.0209 with a target of 1.0635 – 1.0940. A buy signal: the level of 1.0209 is broken to the upside. Stop Loss: below 1.0150, Take Profit: 1.0635 – 1.0940.
Alternative scenario: breakout and consolidation below the level of 1.0209 will allow the pair to continue declining to the levels of 1.0100 – 0.9950. A sell signal: the level of 1.0209 is broken to the downside. Stop Loss: above 1.0250, Take Profit: 1.0100 – 0.9950.
Main Scenario
Consider long positions from corrections above the level of 1.0209 with… Read full author’s opinion and review in blog of #LiteFinance
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