On the 30n we currently see testing of a double top formation which, if it plays out could take us down rapidly to the next support around 1.22.
But let's see it could still bounce of the current support just below.
My call is we see a drop, but hey I'm a noob and this is not trading advice :)
Stay safe and do your own TA
But let's see it could still bounce of the current support just below.
My call is we see a drop, but hey I'm a noob and this is not trading advice :)
Stay safe and do your own TA
Note
Seems as if that support around 1.27 is holding up. Will wait for a higher break before getting in on this again. Still feel we need to come back down more.
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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.