- On the weekly timeframe the price has formed a falling wedge pattern. - First indication is 2 weekly bullish engulfing candles, Plus monthly bullish engulfing candle. - Price has broken the falling wedge pattern and pulled back forming a great buy opportunity. - My long position will be targeting the 0.382 Fib or 107.964 & or 100DMV with SL just right above the 0.786 Fib (103.932) - Use proper risk management & good luck.
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