Looks like it could range up and down for a period while it traverses across and then eventually track down once it crosses the long term upper trend line.
The better trade would probably to go long once it hits the lower longer term trend line as that could go for many pips on a usd dollar bull run
The better trade would probably to go long once it hits the lower longer term trend line as that could go for many pips on a usd dollar bull run
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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.