Uptrend broken, head and shoulders neckline brocken downwards, apparent downtrend channel, possible resistance between 4.05-4.20. Watch out for breakout up/down. Time to play out ~12h.
Disclaimer: Would love your analysis as I'm merely starting out.
Disclaimer: Would love your analysis as I'm merely starting out.
Note
Next 4h should be interesting. Extended neckline broken once, resistance at 4.2USD touched. Entry at 4.57, if breached.Note
Note
Area of resistance at upper line downtrend channel and at extended neckline. Possible breakout area around 4.57 USD.Long trade: Enter on breakout, next resistance expected around 4.90-5.00.
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.
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.