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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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.