Price has broken minor trend line (purple) to the upside. Price has also tested the 0.618 fib retrace twice without breaking downward further.
There are a few major trend lines (red) which provide support. Please zoom out to see just how well respected these have been in the past.
There is also divergence on MACD and hopefully we will see more should the price pull back down for a time.
Entry: 1.909 S/L: 1.882 TP1: 1.951 TP2: 1.995
Thanks! Good Luck!
Order cancelled
Price took off without me!
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.