The counter formed an inverse head and shoulder pattern in the hourly chart.
It broke out and then formed a breakaway gap.
The valiant effort to fill the gap was in vain and the pair made a bullish breakout from the flag pattern.
Hence, we expect the pair to be bullish and head towards the 82.564.
It broke out and then formed a breakaway gap.
The valiant effort to fill the gap was in vain and the pair made a bullish breakout from the flag pattern.
Hence, we expect the pair to be bullish and head towards the 82.564.
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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.