Potentially a long opportunity for this pair.
- Hit weekly SR line and rejected and retested it
- as you can see the white arrow path is creating a W pattern potentially giving us insight to a switch in direction and go towards an bullish trend
- high wicks rejecting off the W SR line
- bullish engulfing candle is another confirmation
- Hit weekly SR line and rejected and retested it
- as you can see the white arrow path is creating a W pattern potentially giving us insight to a switch in direction and go towards an bullish trend
- high wicks rejecting off the W SR line
- bullish engulfing candle is another confirmation
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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.