Hey traders! Here's a ranging pair up against a solid amount of support. The pair could break out toward the unhit pivot cluster. If the bullish trendline is broken, I will re-evaluate the position. For now, bias is bullish on the short-term. Cheers!
Trade active
Resistance Broken at 86.83: Long Active.Trade closed: stop reached
Long-term SMA pierced, bias is now short. Will be looking for bearish impulses:Note
Completely missed the bearish impulse we were waiting for, but price action behaved as expected with lots of resistance to push price further down. Check it out:
Related publications
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.
Related publications
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.