Watching for price to clear out trendline liquidity on this pair, down to our entry at the support level for more upsides, to our TP1( purple resistance area) and possibly TP 2 levels, this is not a trade signal, rather a possible trading opportunity, use suitable risk management if you agree with my idea
Another additional confluence would be the inverse head and shoulder pattern pictured on the chart, we are now watching for price to retest the neckline for a bullish move
Another additional confluence would be the inverse head and shoulder pattern pictured on the chart, we are now watching for price to retest the neckline for a bullish move
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.