Long

١٧ يناير ٢٠١٨

Good timing for a long entry. The pair is at interesting levels: horizontal support + % 23 fibo. Also, the stochastic shows oversold. More importantly, the pair for couple days is moving in a rectangle pattern. Currently, on the 1h chart a falling wedge is forming.
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Breaking the falling wedge to up OR waiting for the price at the %23 fib are good entry areas.
Good luck :)