Market is currently in an uptrend except it breaks the previous low. For the uptrend to continue, price would have to breakout of the descending triangle. If it breaks out, price would retest local resistance.
Entry: 0.6672
Target: 0.87-1.3-2
SL: 0.5146
This would be invalidated if price fails to breakout of the descending triangle.
Entry: 0.6672
Target: 0.87-1.3-2
SL: 0.5146
This would be invalidated if price fails to breakout of the descending triangle.
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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.