Long-term trend up followed by significant retracement (almost 50%). Consolidation pattern followed by clear breakout for trend continuation.
At strong resistance area. A pull back could be a good long-term buy opportunity.
I have never traded this pair, but the chart looks interesting.
1M:
1W:
1D:
At strong resistance area. A pull back could be a good long-term buy opportunity.
I have never traded this pair, but the chart looks interesting.
1M:
1W:
1D:
Note
Currently pulling back as expected. Watching price action, especially as it approaches ~14 support area.
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.