If you look at this very closely, you would see that the monthly candle of June 2025 already closed above June 2020 after 5 years exactly. That was very instructive. However, there may be opportunities for sell as counter trade as we are currently seeing some rejections that can be seen more clearly in lower timeframes.
Nevertheless, I am ultimately bullish and would be looking to buy to that 1.75 zone in the near-future, depending on the price action I am seeing on the daily.
Let us see if daily is in perfect alignment with the monthly.
Trade with caution!!!!
Nevertheless, I am ultimately bullish and would be looking to buy to that 1.75 zone in the near-future, depending on the price action I am seeing on the daily.
Let us see if daily is in perfect alignment with the monthly.
Trade with caution!!!!
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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.