Fundamental analysis on price action
Updated
2 Scenarios, either breakout on the upside or downside and we take a position at the pullback with a take-profit on the resistance or support
Trade active
I took trade because the price went below the support in dots and the support of the channel and is doing a pullback on both. Put first TP on 1.48103 support and TP on 1.47175. I will update you if I remove the TP2 or add a TP3.Trade closed manually
closed te trade at breakeven still waiting to take a new positionNote
The first scenario has occurred but I'm not taking a position yet.
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