I'm bullish on this pair as we have just made a higher low,
bouncing off weekly support 1.376, also the 0.618 fib level after breaking through but not
being able to close below, then performing the 3rd bounce of trendline,
MA crossover has also occured of the 4hr timeframe.
I would still like to see a counter trendline break and price to get above 1.4
before looking for trades.
bouncing off weekly support 1.376, also the 0.618 fib level after breaking through but not
being able to close below, then performing the 3rd bounce of trendline,
MA crossover has also occured of the 4hr timeframe.
I would still like to see a counter trendline break and price to get above 1.4
before looking for trades.
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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.