2017-05-07
Still in consolidation although this could be seen as having broken out of a triangle pattern and heading Bullish. I'm not convinced until this closes above the previous structure at 0.85304. RSI and Stoch not showing much interest but with plenty of room to head to oversold later this week. Watch and see for me, not betting either way. Current price action also at previous structure resistance zone..
Still in consolidation although this could be seen as having broken out of a triangle pattern and heading Bullish. I'm not convinced until this closes above the previous structure at 0.85304. RSI and Stoch not showing much interest but with plenty of room to head to oversold later this week. Watch and see for me, not betting either way. Current price action also at previous structure resistance zone..
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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.