Recently just break closing above EMA 200 and channel breakout .
Higher Low spotted above EMA 50 and higher high spotted for possible uptrend.
And maybe going uptrend with short term target of R1 to R4.
Spotted possible inverted head and shoulder pattern in progress and same as the Cup pattern in progress.
Risk , if it cant go above 0.105 . Double top pattern , may continue downwards. Or maybe have a pullback and retest R1 again.
This is just for case study.
Trade at your own risk .
Higher Low spotted above EMA 50 and higher high spotted for possible uptrend.
And maybe going uptrend with short term target of R1 to R4.
Spotted possible inverted head and shoulder pattern in progress and same as the Cup pattern in progress.
Risk , if it cant go above 0.105 . Double top pattern , may continue downwards. Or maybe have a pullback and retest R1 again.
This is just for case study.
Trade at your own risk .
Note
Higher low Spotted at 0.85 before Higher high occur . Sorry for missing that out.
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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.