On Daily,
it formed a Hammer candle formation around psychological Support / Resistant of 0.56000.
It also, failed to to match the previous Lower - Low.
On 1H,
It seems that it's forming a Inverted Head & Shoulders. It's too early to call it. It may hit the Trendline (Blue) again and if it fails to breake it, it will be a good a counter move.
Just watch it !!!
it formed a Hammer candle formation around psychological Support / Resistant of 0.56000.
It also, failed to to match the previous Lower - Low.
On 1H,
It seems that it's forming a Inverted Head & Shoulders. It's too early to call it. It may hit the Trendline (Blue) again and if it fails to breake it, it will be a good a counter move.
Just watch it !!!
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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.
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.