I'm watching this pair closely and this is why I think it's a possible 80+ pip BUY...
Going to keep my eye on this one to see what the price does.
- I spotted a bullish divergence zone on my MFI showing a rise in demand altho price continued to produce a lower high
- A triple bottom formed a strong area of support
- IF* price breaks upwards out of this descending triangle it could continue with the long term trend to previous key-levels
Going to keep my eye on this one to see what the price does.
Order cancelled
Price broke support invalidating this idea. Moving on.
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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.