Though it has Broken the Parallel
Channel but there is Bullish
Divergence on Hourly TF.
However, there is a Tweezer Top
Candle formation on Weekly TF.
So if 8.70 is Crossed, we may
aww the Trend Contiuation.
Good Support seems to be around 7.60 - 7.80
Immediate Resistance is around 8.70 - 8.90
Channel but there is Bullish
Divergence on Hourly TF.
However, there is a Tweezer Top
Candle formation on Weekly TF.
So if 8.70 is Crossed, we may
aww the Trend Contiuation.
Good Support seems to be around 7.60 - 7.80
Immediate Resistance is around 8.70 - 8.90
MM - House of Technicals
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.
MM - House of Technicals
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.