Bullish Indicators:
1) Bounced from the upward trendline
2) Support zone
3) Followed by the three white soldiers
4) 78.6% Fib Retracement level
Bearish Indicators:
1) Descending trendline
2) Resistance at 0.87890
Plan A: On the breaking of resistance level 0.87890 and downward trendline one can buy for the target 0.88535.
Plan B: On the breaking of upward trendline one can sell for the target of 0.86666 where the major support lies.
1) Bounced from the upward trendline
2) Support zone
3) Followed by the three white soldiers
4) 78.6% Fib Retracement level
Bearish Indicators:
1) Descending trendline
2) Resistance at 0.87890
Plan A: On the breaking of resistance level 0.87890 and downward trendline one can buy for the target 0.88535.
Plan B: On the breaking of upward trendline one can sell for the target of 0.86666 where the major support lies.
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.
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.