- Price had been stuck in a tight range since it lost the 1.7900 level.
- The resistance area ~1.7900 was tested many times, long wicks.
- Now, price has decidedly broke above the area, three last candles.
- MA crossover has happened.
- Wait for the price to pull back to the fast MA, retest of the S/R area.
- Look to buy at ~1.7950.
- The resistance area ~1.7900 was tested many times, long wicks.
- Now, price has decidedly broke above the area, three last candles.
- MA crossover has happened.
- Wait for the price to pull back to the fast MA, retest of the S/R area.
- Look to buy at ~1.7950.
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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.