Weekly:
Bullish candle with rejection of high price. But it acts as a confirmation for reversal pattern.
Remember:
Long term uptrend line from March 2009
Daily:
Friday closed with bearish candle however it closed above 0.6963, which is nice support.
Action:
Wait to buy
Watch out:
1. Short term down trend line since Feb 2018 will act as resistance
2. Key resistance 0.715
Bullish candle with rejection of high price. But it acts as a confirmation for reversal pattern.
Remember:
Long term uptrend line from March 2009
Daily:
Friday closed with bearish candle however it closed above 0.6963, which is nice support.
Action:
Wait to buy
Watch out:
1. Short term down trend line since Feb 2018 will act as resistance
2. Key resistance 0.715
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.