Possible support by two trend-lines: one broken, one in place
Reasons:
- H4 bearish trendline is broken and is re-tested
- Daily bullish trendline is near this area, which shows a possible support
- Bullish candlestick formation
* This is only how we interpret the market
- H4 bearish trendline is broken and is re-tested
- Daily bullish trendline is near this area, which shows a possible support
- Bullish candlestick formation
* This is only how we interpret the market
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.