Price has broken below recent support around the 0.66500s
It has begun to retrace, giving a possible bearish continuation trade because:
- Former support should act as resistance
- 50% Fib level and 50EMA bringing confluence
- ADX above 20 and rising suggesting strength
It has begun to retrace, giving a possible bearish continuation trade because:
- Former support should act as resistance
- 50% Fib level and 50EMA bringing confluence
- ADX above 20 and rising suggesting strength
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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.