We trade on the levels
At the moment, our pair is pointing up and the technical indicators point to the purchase. On the chart, we observe that the pair either makes an overstated shoulder in the case of the Head and Shoulders pattern, or forms a new vertex. Considering a number of factors and macroeconomic indicators, we believe that the pair will continue the upward movement.
Therefore, we recommend to set long positions with a probability of turning of the price. Set Take Profits near the previous resistance levels and at the top of the current figure at the level of 1.1715
Therefore, we recommend to set long positions with a probability of turning of the price. Set Take Profits near the previous resistance levels and at the top of the current figure at the level of 1.1715
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