There have been divergence activity going on over the daily time frames and momentum is developing as well. Price action have been quite steady in the past few sessions trading within a bullish channel.
At the moment price is trading in a narrow range, expecting the consolidation to continue a bit pushing the price towards prior broken highs which looks a good area to build the long position. Once price gets there, I'll update my idea.
Thank you for your support.
Good Luck.
At the moment price is trading in a narrow range, expecting the consolidation to continue a bit pushing the price towards prior broken highs which looks a good area to build the long position. Once price gets there, I'll update my idea.
Thank you for your support.
Good Luck.
Order cancelled
Didn’t see a buy setup around 1.1265 area, analysis invalidated.
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Related publications
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.