Context.
we have forem a wide downchannel within the range of this pair, where price currently sits
at the overbought condition , we allreayd broke a demandline indicating a change in behaviour
a breaj of this level to the downside will result in a test of the mean of the range @119.5
a breakoutto the upside will lead us to the resistance of the range @120.400
signs of strenght:
rallie on increased momentum
signs of weakness:
downchannel
broken demandline
we have forem a wide downchannel within the range of this pair, where price currently sits
at the overbought condition , we allreayd broke a demandline indicating a change in behaviour
a breaj of this level to the downside will result in a test of the mean of the range @119.5
a breakoutto the upside will lead us to the resistance of the range @120.400
signs of strenght:
rallie on increased momentum
signs of weakness:
downchannel
broken demandline
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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.
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.