This could be an area where price might stop going down.
Not talking about the mother of all reversals but a break in the drop in that area/zone with a push to the upside.
I am in on the NZD USD which has a similar pattern. However I took a limited size position.
Not talking about the mother of all reversals but a break in the drop in that area/zone with a push to the upside.
I am in on the NZD USD which has a similar pattern. However I took a limited size position.
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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.