BULLISH SIGN: GOLDEN CROSS
Resistance -> Support
We can clearly see a support level that went from resistance to support. After this, we will see a retest of this support (which is happening now) and a push to the upside were the currency pair will close a gap in the market.
50 MA crossover with 200 MA
In 1-2 days we will see the 50 MA crossing with the 200 MA (Golden cross). This is a clear bull sign and therefore I am waiting for a push to the upside. This could be a potential +100 pips trade.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We can clearly see a support level that went from resistance to support. After this, we will see a retest of this support (which is happening now) and a push to the upside were the currency pair will close a gap in the market.
50 MA crossover with 200 MA
In 1-2 days we will see the 50 MA crossing with the 200 MA (Golden cross). This is a clear bull sign and therefore I am waiting for a push to the upside. This could be a potential +100 pips trade.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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.