Long term weekly trend was bullish, with long-term term structure broken and tested at ~0.98, indicating a change in trend.
However, take note of ranging for 3 years.
Daily trend has been bearish.
Prices are testing at Demand Zone and PP @ 0.923 area.
Upon confirmation of Bullish Candle, i expect countertrend move up to test Bearish Structure.
However, take note of ranging for 3 years.
Daily trend has been bearish.
Prices are testing at Demand Zone and PP @ 0.923 area.
Upon confirmation of Bullish Candle, i expect countertrend move up to test Bearish Structure.
Trade closed: stop reached
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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.