Its forming a bullish divergence, Lets wait to break the LH and form HL and change the trend.
AXY indices is still on an upward movement but losing momentum
ZXY indices is still in range bound but moving towards resistance.
Expect a breakout
Key levels are defined
AXY indices is still on an upward movement but losing momentum
ZXY indices is still in range bound but moving towards resistance.
Expect a breakout
Key levels are defined
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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.