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The guys here are a familiar triangle, after the breakdown of the local resistance of $1.180, we see how the asset showed a good impulse to the $1.295 zone, net 10%
I expect to see a small correction with continued growth, I showed it approximately on the chart and identified an area of interest for buying in LONG $ 1,185-1,215
Also, if you pay attention to the RSI indicator, you will notice that the asset is in the overbought zone and a slight correction has already begun.
I do not rule out that we can see a false extension of the triangle up and then go lower, so be careful, I just put my orders and I will wait for my entry point.
The guys here are a familiar triangle, after the breakdown of the local resistance of $1.180, we see how the asset showed a good impulse to the $1.295 zone, net 10%
I expect to see a small correction with continued growth, I showed it approximately on the chart and identified an area of interest for buying in LONG $ 1,185-1,215
Also, if you pay attention to the RSI indicator, you will notice that the asset is in the overbought zone and a slight correction has already begun.
I do not rule out that we can see a false extension of the triangle up and then go lower, so be careful, I just put my orders and I will wait for my entry point.
