Validated confluences
1.Daily resistance in control
2.Support broken Resistance valid (Opposing zone breached) (Strong Indication)
3.Profit margin 1:5+ (could hold if there any sign of reversal
4.No major support until 1.62400 (retest) touched multiple time bound to breach
5.Bollinger band no were near Resistance zone which shows a greater probability of reversal
1.Daily resistance in control
2.Support broken Resistance valid (Opposing zone breached) (Strong Indication)
3.Profit margin 1:5+ (could hold if there any sign of reversal
4.No major support until 1.62400 (retest) touched multiple time bound to breach
5.Bollinger band no were near Resistance zone which shows a greater probability of reversal
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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.