Daily price action has shown Bullish momentum as it broke above previous structure level at $0.67500 and the down trend line, which price has been respecting since April of this year.
Here's what I'm looking for !
Ideal situation would be for Daily price action come back to retest the 50 EMA, which would also align with a retest of the support line at $0.6750
Here's what I'm looking for !
Ideal situation would be for Daily price action come back to retest the 50 EMA, which would also align with a retest of the support line at $0.6750
Note
Price moving down the our target as expected. No trades in yet. Waiting for nice bounce off of the 0.67500 zone.
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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.