Major down trend for this pair, however on the week we are seeing nice BULLISH PINBAR at a key around 142, where price has not touched since Jan of this year. Droping down to the daily we i notice a MORNING STAR PATTERN that completed on yesterday. Now a bullish pinbar is forming today, that could be a confirmation we need to go long. On the 4hr price as created HH and HL and the are RSI is oversold. We could see price push to the key level area in blue that could become resistance, there is also untapped DAILY IMBALANCE there as well.
I am wait on my entry with a buy stop.
I am wait on my entry with a buy stop.
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.