Simple analysis
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We are looking for short this pair again after price 122.0 Are accumulation and boom! Imbalance zone for create the supply.
And little simple price action "morning star and hammer" at support when it mixed. It's double bottom for return the supply zone :D
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We are looking for short this pair again after price 122.0 Are accumulation and boom! Imbalance zone for create the supply.
And little simple price action "morning star and hammer" at support when it mixed. It's double bottom for return the supply zone :D
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Now price close under hammer pin bar, it's mean going to next support. If looking to Fibonacci have next support level at Fib level 0.27(@121.397) this level is "BANKING RESPONSE".