Potential long on this pair. Price on the daily made an impulsive bullish move out of the daily/weekly trend-line and is now printing a correction back into support. This looks like it may be a complex pullback on the 4-hour so I am expecting one more leg down before it goes up. TP1 and TP2 are marked and based on daily resistance levels. I'd look to enter this on a break and close of the 4-hour trend-line.
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.