Bearish trend on this pair, I spotted butterfly pattern and opened short position immediately. Point B of pattern is in fibo 78,6% area. Point D is at fibo 127%. What is more, point D area is strengthen by support from D1 chart. There is also Pin Bar on H1 time frame.
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- SELL: 0.7070;
- SL: 0.7095;
- TP: 0.6908.