Preferred direction: Neutral
Comment: For this instrument, we recently closed our growth target with a profit, but this growth potential is most likely not exhausted. Further growth is expected towards resistance 0.87757. Here is our first and main scenario for the upcoming sale. Scenario №1 on the chart is the most likely, and it should even be said that the price may turn around this level without reaching it.
A less likely option, very aggressive on the part of the current limit buyer, is scenario №2. Sell from the level of 0.89032. In both options, the downside target is located at the level of 0.85696.
Thank you for like and share your views!
Comment: For this instrument, we recently closed our growth target with a profit, but this growth potential is most likely not exhausted. Further growth is expected towards resistance 0.87757. Here is our first and main scenario for the upcoming sale. Scenario №1 on the chart is the most likely, and it should even be said that the price may turn around this level without reaching it.
A less likely option, very aggressive on the part of the current limit buyer, is scenario №2. Sell from the level of 0.89032. In both options, the downside target is located at the level of 0.85696.
Thank you for like and share your views!
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Trading idea is relevant
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