A prolonged downtrend that started with a triple top led to an all time low at 0.57831.
A double or triple bottom followed, and then a couple of higher lows.
This could still go either way, I think its premature to conclude that this PA is an early sign of a bullish trend.
However, if we get a daily close above 0.5900 then this could get really interesting.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
A double or triple bottom followed, and then a couple of higher lows.
This could still go either way, I think its premature to conclude that this PA is an early sign of a bullish trend.
However, if we get a daily close above 0.5900 then this could get really interesting.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.