After hitting the bottom of the canal, it will reach a level of support and we expect the Saudi trend to resume.
But we have to wait and see how he reacts when he hits the bottom of the canal. If there are 2 or 4 daily candlesticks on the floor of the channel, we propagate again to the next level as shown in the chart.
Transaction entry range : 132.000 - 132.200
stop lost : 131.600
take profit : 136.680
This is a personal analysis and be careful when entering into a transaction and also check the economic news.
However, when entering the trade, use the price action method and candlestick patterns.
Best Regards
But we have to wait and see how he reacts when he hits the bottom of the canal. If there are 2 or 4 daily candlesticks on the floor of the channel, we propagate again to the next level as shown in the chart.
Transaction entry range : 132.000 - 132.200
stop lost : 131.600
take profit : 136.680
This is a personal analysis and be careful when entering into a transaction and also check the economic news.
However, when entering the trade, use the price action method and candlestick patterns.
Best Regards