- 1hr: 1.1177 couldnt hold as resistance and broke above it. What is likely to happen now is that price will now test zone as support & because EU on higher time-frame is bullish we could see price reach 1.1280 resistance from here. Extra confirmation of bullish presence is an inverse Head & shoulder pattern signalling a reversal.
Trade active
Trade closed: stop reached
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.