Daily chart shows a possible triangle formation, which would explain the price movement that we are getting from an intraday perspective.
Currently the 1H analysis is trending downwards, however, I will be waiting for confirmation of the trend change or a strong rejection from the area of interest highlighted.
I will keep tabs on this one and update accordingly.
Comment your thoughts and feedback on this below.
Signed: Sam
Currently the 1H analysis is trending downwards, however, I will be waiting for confirmation of the trend change or a strong rejection from the area of interest highlighted.
I will keep tabs on this one and update accordingly.
Comment your thoughts and feedback on this below.
Signed: Sam
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Website: wavefxacademy.com
Telegram: t.me/wavefxacademy
IG: instagram.com/wavefxacademy
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.
For Training:
Website: wavefxacademy.com
Telegram: t.me/wavefxacademy
IG: instagram.com/wavefxacademy
Website: wavefxacademy.com
Telegram: t.me/wavefxacademy
IG: instagram.com/wavefxacademy
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.