This pair has exhibited long-term bullishness in the form of an uptrend channel, which is good for long-term traders.
On the shorter timeframe, it has recently broken out of the inverted H&S formation, which is a bullish chart pattern.
Considering both these signs of bullishness, I think it would be a good opportunity to take a long position.
Cheers!
On the shorter timeframe, it has recently broken out of the inverted H&S formation, which is a bullish chart pattern.
Considering both these signs of bullishness, I think it would be a good opportunity to take a long position.
Cheers!
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Free video tutorials: wp.me/P1riws-7uH
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
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.