Price is generally in an uptrend and following a clear rising wedge.
At the moment it has come to the support line of the wedge as well a support level.
Price may breakout the structure to start a downtrend or may bounce and continue with the trend.
I would suggest to stay out of the trades for the pair for a moment and wait for a clear breakout or reversal to go short or long respectively.
Share your views on the pair in the comments section.
At the moment it has come to the support line of the wedge as well a support level.
Price may breakout the structure to start a downtrend or may bounce and continue with the trend.
I would suggest to stay out of the trades for the pair for a moment and wait for a clear breakout or reversal to go short or long respectively.
Share your views on the pair in the comments section.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.