PresearchUpdated PRE/USD - will it break downtrend?
It looks like PRE/USD *might* break the downtrend (red line).
Ignore the green line.
Not financial or investment advice.
Ignore the green line.
Not financial or investment advice.
Note
As you can see we had a possible break out that was not confirmed as it fell back under the trendline.Just now, we pushed above the trend line. Hopefully this candle closes green above the trend line giving us confirmation this time :)
Note
Tried and failed twice now. Maybe next one is a go?Note
Breakout confirmed!Looks like we should move upwards now ... Fingers crossed we don't go back under!
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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.