The counter was in a bearish flag formation.
It made a double top formation on the resistive flag trend line.
Also, the MACD indicator has turned negative.
Hence, we expect the pair to move to the supportive trend line.
It made a double top formation on the resistive flag trend line.
Also, the MACD indicator has turned negative.
Hence, we expect the pair to move to the supportive trend line.
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.