Bullish indications:
Major support respected in day time frame.
Trend line resistance is broken.
Almost a double bottom formation from support.
Trend line support is respected.
Morning star candle from trend line support.
Bearish indications:
LLLH intact.
Major resistance ahead.
Trade plan bias long @ 147.211
SL:146.524
TP1:147.897
TP2:148.321
Major support respected in day time frame.
Trend line resistance is broken.
Almost a double bottom formation from support.
Trend line support is respected.
Morning star candle from trend line support.
Bearish indications:
LLLH intact.
Major resistance ahead.
Trade plan bias long @ 147.211
SL:146.524
TP1:147.897
TP2:148.321
Trade closed manually
Closing the trade since the movement is slow and not able to break the resistance, Could be reversal.
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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.