Based off of Technical Analysis on the M30 timeframe.
- Support & Resistance
- Horizontal & Diagonal
- Candlestick Analysis
- Price structure
- Risk Reward
- Support & Resistance
- Horizontal & Diagonal
- Candlestick Analysis
- Price structure
- Risk Reward
Note
Resistance zone is being tested. Bullish price structure is still being maintained throughout this timeframe. With a close above the resistance zone in THIS timeframe and one further bullish candle, a continuation pattern will have formed that confirms a break of resistance and into an area where further buys will be triggered (demand zones).
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.
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.