HI HUYZ
After the formation of a triangle pattern, the price has been able to cross its dynamic resistance, in fact, it has pushed the ceiling of the triangle upwards
Also, looking at the price chart, we can see that after breaking the dynamic resistance, the price had a pullback to the broken area.
Also, by examining the price floors, we also notice the formation of two valleys
It is expected that the price will continue to rise up to the range of 1.3 to 1.4 because in this range we will see the formation of the neck line of the Dodre pattern.
The range of resistance can also be considered 1.5, which can be expected to start a correction process when the price meets this area.
After the formation of a triangle pattern, the price has been able to cross its dynamic resistance, in fact, it has pushed the ceiling of the triangle upwards
Also, looking at the price chart, we can see that after breaking the dynamic resistance, the price had a pullback to the broken area.
Also, by examining the price floors, we also notice the formation of two valleys
It is expected that the price will continue to rise up to the range of 1.3 to 1.4 because in this range we will see the formation of the neck line of the Dodre pattern.
The range of resistance can also be considered 1.5, which can be expected to start a correction process when the price meets this area.