The pair made a false breakout of the mothly downtrend, and got inside again. making a daily impulse, breaking a support zone and becoming resistance zone. Right now the price is making a pullback, testing the new resistance zone, that is converging with a .61 FIB level. On the 1H timeframe is forming a wedge pattern.
To enter a trade i would like to see a 1H or 4H candle close below mentioned pattern
To get the full analysis, educational content and quality signals, contact us on
Telegram: FedericoGallo - @MrFlawlezz
Instagram: Forex_Society
To enter a trade i would like to see a 1H or 4H candle close below mentioned pattern
To get the full analysis, educational content and quality signals, contact us on
Telegram: FedericoGallo - @MrFlawlezz
Instagram: Forex_Society
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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.