Holding within a bullish Ending Wedge formation. Trend line support is located at 0.7235. A break of resistance at 0.7500 and the formation has a measured move target of 0.7800
Trend line support is located at 1.2842, the same level as the aforementioned Fibonacci support. We look to buy dips
Day trading is a game of probabilities.
A trade setup that has a higher probability is no doubt preferred. There are immense benefits to objectively analyze your technical setups. For one, your risks are limited and give you a very clear…