Long
Incoming breakout attempt

Decent volume. Seem's like the RSI is being rejected at 30 and someone does not want it to fall too fast. I'm surprised it hasn't hit the 1.51 range.
I expect a short-term bound to 1.6. The RSI seems like it's itching to bounce up.
I expect a short-term bound to 1.6. The RSI seems like it's itching to bounce up.
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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.