This pair has just popped a new HIGH on the Monthly charts and took out a previous MONTHLY SUPPLY SELL zone and looks like it has it's sights set on the 1.50 price level which sits nicely inside a MONTHLY SUPPLY/SELL zone which starts around 1.48 which is marked in red on the chart.
Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the 1,50 mark this where I expect sellers to come back into the market.
I will use my TRFX indicator to start to look for a daily sell signal as price moves above the 1.48 mark target for this trade will be the newly formed DEMAND/BUY level which is around 1.43.
This is a great swing trade idea will keep you updated when I get the entry trigger happy trading.
Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the 1,50 mark this where I expect sellers to come back into the market.
I will use my TRFX indicator to start to look for a daily sell signal as price moves above the 1.48 mark target for this trade will be the newly formed DEMAND/BUY level which is around 1.43.
This is a great swing trade idea will keep you updated when I get the entry trigger happy trading.
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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.