DUBAI INVESTMENTSUpdated SHORT TERM BUY / LONG TERM SHORT
Price has been in a flag pattern that looks like it should break to the upside but another converging triangle within the channel shows a break below the range. Putting the two patterns together shows a tight trading range first to the upside and then a continuation back down in a break and retouch fashion.
By measuring the price ranges, a break below the current low at 1.93 will drop price further to the 1.57 mark with extension to 1.26 level.
Trade safe, good luck
By measuring the price ranges, a break below the current low at 1.93 will drop price further to the 1.57 mark with extension to 1.26 level.
Trade safe, good luck
Trade active
Reaching the resistance for the short
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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.