TREND ANALYSIS We have 2 trends (1 upward (green) and another downward (red) ) creating a triangle formation)
FUTURE PREDICTIONS Techicals analysis can only predict move ahead
First Scenario We can either continue going up and break the down trend and hit our first resistanse level 0.284572 (In Red) and start the reversal downward. Second Scinario We start moving downward and break the up trend to reach the support levels (0.203440) or greedier level (0.19685) and start reversal upward.
I use the momentum indicator only as a additive to my trading but i dont base my trades on it.
Good luck everyone, stay safe! If you need help don't hesitate to send me a message or comment
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