Bullish Indicators:
1) HH HL
2) Upward trend
3) Support zone at 1.24318 or lower ascending trendline.
Bearish Indicators:
1) Resistance zone at 1.25201 Fib level 38.20%
Plan A: One can buy from the support zone of 1.24318 for the target of 1.25201.
Plan B: On the breaking of lower ascending trendline one can take short position for the target of 1.23091
1) HH HL
2) Upward trend
3) Support zone at 1.24318 or lower ascending trendline.
Bearish Indicators:
1) Resistance zone at 1.25201 Fib level 38.20%
Plan A: One can buy from the support zone of 1.24318 for the target of 1.25201.
Plan B: On the breaking of lower ascending trendline one can take short position for the target of 1.23091
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.