Main Trend: Price has been moving inside a strong, long-term ascending channel. Buyers have consistently stepped in at the bottom boundary (March, May, and September), creating higher lows.
Right now, price is consolidating inside a temporary descending channel (bull flag).
Reaction Level: Price recently bounced perfectly off the lower boundary near 1.8650, showing that buyers are still defending this key support area.
Bullish Continuation
Trigger: A daily candle close above the upper boundary of the descending correction.
Target: 1.9200 – 1.9300
Let the market confirm the breakout above before jumping long, or watch for a drop toward the 1.8320 support floor to catch a lower demand entry.
Always manage your risk properly!
Right now, price is consolidating inside a temporary descending channel (bull flag).
Reaction Level: Price recently bounced perfectly off the lower boundary near 1.8650, showing that buyers are still defending this key support area.
Bullish Continuation
Trigger: A daily candle close above the upper boundary of the descending correction.
Target: 1.9200 – 1.9300
Let the market confirm the breakout above before jumping long, or watch for a drop toward the 1.8320 support floor to catch a lower demand entry.
Always manage your risk properly!
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.