Simple price action technical analysis, based on SR and trend lines.
Price has reached ad e very strong Support level, and a break under this has been invalidated, creating a false break.
There is one possible scenario:
Entry - Aggressive entry at the support level. SL - under the false break, at 0.6660 level. TP1 - 0.685 at the first resistance level. TP2 - 0.702 at the next resistance level.
Don't stumble trading, Trade Safe!!!
액티브 트레이드
⋅
코멘트
⋅
The price is consolidating in a sideways channel. Usually this is a continuation pattern, or in this case, the price is expected to fall. Still, caution is required with FED news today.