Price has recently formed an inverted head and shoulders, indicating a move to the upside. If price reaches resistance of the channel, I expect it to break through and reach its nearest resistance for a tp of 40 pips. Price could also bounce off support before rising to resistance as well.
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea
Please do not take this as professional advice. Trade this idea at your own risk :)
Good luck if you decide to trade this idea
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.
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.