From what I can see, price has been bullish ever since it reached the weekly support level. With this, I’m expecting price to continue being bullish until it reaches the resistance area of 1.38700. On the 4H timeframe, price created an ascending triangle which it has recently broken out of, resulting in my buy order.
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.