Well, the price really rose to the level of 1.215 after the trend reversal at the level of 1.196. And as it was said from this point of the beginning of the fall. Now the main question is how far the price will fall. I see two flaws in the situation. 1 - the price will work out a rollback in relation to growth and start a new rise from the level of 1.202.
2 - the price will break through the level of 1.202 and fall to the base of the previous trend at the level of 1.196. As you can see, in any case, we have an intermediate target - the level 1.202.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
2 - the price will break through the level of 1.202 and fall to the base of the previous trend at the level of 1.196. As you can see, in any case, we have an intermediate target - the level 1.202.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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