* Inside a rising price channel at 4h.
* Breaking an uptrend on 1h.
* Form double bottom at 1h.
* The general trend is up, and the secondary trend is bearish.
--------
= Scenario 1 .... which is the strongest:
- Breaking the neckline of 1.2169, going to 1.2141, and then rising to 1.2236.
= Scenario 2 ..... and it is weak:
Exceeding 1.2191 and going to 1.2293.
* Breaking an uptrend on 1h.
* Form double bottom at 1h.
* The general trend is up, and the secondary trend is bearish.
--------
= Scenario 1 .... which is the strongest:
- Breaking the neckline of 1.2169, going to 1.2141, and then rising to 1.2236.
= Scenario 2 ..... and it is weak:
Exceeding 1.2191 and going to 1.2293.
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.
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.