Highlights and key points
Main scenario: consider long positions from corrections above the level of 1.1023 with a growth target of 1.1300 – 1.1500. A buy signal: if the price holds above 1.1023. Stop Loss: below 1.1000, Take Profit: 1.1300 – 1.1500.
Alternative scenario: breakout and consolidation below the level of 1.1023 will allow the pair to continue declining to the levels of 1.0880 – 1.0773. A sell signal: once the level of 1.1023 is broken to the downside. Stop Loss: above 1.1050, Take Profit: 1.0880 – 1.0773.
Main scenario
Consider long positions from corrections above the level of 1.1023… Read full author’s opinion and review in blog of #LiteFinance
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