Pros: The price has rejected a key support level, resulting in breakout and retest of the trendline/50EMA dynamic support. As a consistent pattern, the price is targeting the previous high.
Cons: This a q15-minute timeframe, and the USD index is very volatile these days.
Cons: This a q15-minute timeframe, and the USD index is very volatile these days.
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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.