Bullish indications:
FIb level 0.618 respected
Trend line support respected in monthly time frame.
Major support respected at 1.0211
Bullish divergence in weekly time frame
2nd trend line support respected .
Trade plan bias long once the resistance breaks at 1.0538 which indicates the change of trend to bullish.
SL:1.0389
TP1:1.0682
TP2:1.0821
Bearish indications:
Lower low lower highs
Major resistance ahead at 1.0538
FIb level 0.618 respected
Trend line support respected in monthly time frame.
Major support respected at 1.0211
Bullish divergence in weekly time frame
2nd trend line support respected .
Trade plan bias long once the resistance breaks at 1.0538 which indicates the change of trend to bullish.
SL:1.0389
TP1:1.0682
TP2:1.0821
Bearish indications:
Lower low lower highs
Major resistance ahead at 1.0538
Order cancelled
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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.