shorty short short
price is condensing into an ascending triangle.
return back down to the daily trend line and then a bullish contiuation. if the hourly trendline is broken
1.374 has been tested multiple times in the last week.
if price does not break 1.374 this area then we could probably get down to the 1.355 area ONLY if the hourly trend is broken.
or alternatively..... price does not break the hourly bullish trendline and does not break the 1.374 area and price continues to condense upwardly.
return back down to the daily trend line and then a bullish contiuation. if the hourly trendline is broken
1.374 has been tested multiple times in the last week.
if price does not break 1.374 this area then we could probably get down to the 1.355 area ONLY if the hourly trend is broken.
or alternatively..... price does not break the hourly bullish trendline and does not break the 1.374 area and price continues to condense upwardly.
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.