Long
Bullish trend change
XTZUSD has my attention because of a 4 hour bullish trend change going on right now.
On the 4 hour chart, I'm looking at a higher low, higher high, to double bottom pattern.
On the daily chart, multiple inside bars, in the middle of a descending wedge support the probability of bull break.
Nearby Resistance lies at 7.14, and 7.41.
Nearby support is 6.14.
I'm patiently waiting to see what the market will reveal to us. But probability favors the bulls!
On the 4 hour chart, I'm looking at a higher low, higher high, to double bottom pattern.
On the daily chart, multiple inside bars, in the middle of a descending wedge support the probability of bull break.
Nearby Resistance lies at 7.14, and 7.41.
Nearby support is 6.14.
I'm patiently waiting to see what the market will reveal to us. But probability favors the bulls!
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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.