Pair shows formation shark pattern, it seems extended.
RSI has taken support at 40, which indicates a range shift.
BB divergence can be seen which indicates volatility divergence.
Pair has also shown exhaustion pattern falling wedge, now breaking out on the upside.
Looking for min 38.2% retracement.
RSI has taken support at 40, which indicates a range shift.
BB divergence can be seen which indicates volatility divergence.
Pair has also shown exhaustion pattern falling wedge, now breaking out on the upside.
Looking for min 38.2% retracement.
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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.