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Monitoring 1.15865 Level On EURUSDTwo key price points on my chart that I have been watching. 1. EURUSD has been in a massive downtrend. The price at Label #1 failed to breach a new low, which is a first indication that I should be looking for a structure for a potential reversal. 2. Price broke above the 1.15865 level on the afternoon of October 13th. Nothing really to talk about here as I think it's to be expected after the failure to paint lower low in #1. What's concerning is my Label #2. Price didn't make a significant push higher, but it is still holding above this key level I'm watching. The arrow projection is the ideal price path I'd like to see. However, I currently have low confidence given the failure to push a higher high after the breakout to the upside.
Long
by FinancialGamblR
$FAMI Gann Wave Farmmi, Inc., together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands. The company offers its products to restaurants, cafeterias, and local specialty stores, as well as through distributors. Farmmi, Inc. was founded in 2015 and is headquartered in Lishui, China.
NASDAQ:FAMILong
by UnknownUnicorn19246015