Pattern: Channel Down on 1D.
Signal: Buy as the price rebounded on the 1D MA50 (blue trend-line) and is on the bullish leg towards the top (Lower Highs trend-line) of the Channel Down.
Target: 1.0800 (the 0.786 Fibonacci extension) as per the previous Lower High leg.
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Signal: Buy as the price rebounded on the 1D MA50 (blue trend-line) and is on the bullish leg towards the top (Lower Highs trend-line) of the Channel Down.
Target: 1.0800 (the 0.786 Fibonacci extension) as per the previous Lower High leg.
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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