1. Formation of ABCD pattern is there on 4HR.
2. Point D completes on strong support.
3. Stoch also provides that the price is oversold.
Thus, we can see a rise on this pair.
Just my analysis.
2. Point D completes on strong support.
3. Stoch also provides that the price is oversold.
Thus, we can see a rise on this pair.
Just my analysis.
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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.