N wave with E, V, N & NT projection.
The price is at the edge of the down Kumo. A break and close above the NT level and Kumo would confirm bullish momentum.
Tenkan-Sen is rising and above the Kijun-Sen, indicating short-term bullish momentum.
Chikou Span positioned above the price and cloud, reinforcing a bullish bias.
Recent bullish candles are accompanied by increasing volume, suggesting growing buying interest.
A breakout above 1.39 will confirm a bullish continuation.
Failure to hold 1.30 could lead to a deeper correction.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price is at the edge of the down Kumo. A break and close above the NT level and Kumo would confirm bullish momentum.
Tenkan-Sen is rising and above the Kijun-Sen, indicating short-term bullish momentum.
Chikou Span positioned above the price and cloud, reinforcing a bullish bias.
Recent bullish candles are accompanied by increasing volume, suggesting growing buying interest.
A breakout above 1.39 will confirm a bullish continuation.
Failure to hold 1.30 could lead to a deeper correction.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
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.