4H CHART EXPLANATION:
- Price bounced at the Weekly Resistance Zone.
- Now, it is facing the short term Ascending Trendline.
- This scenario that we are considering is just a short term move towards the next support zones, looking for a retracement of the strong upside move.
- Will wait and see how the trendline reacts.
- Keep in mind that the main trend on this pair is bullish after the breakout of the Weekly Descending Channel.
DAILY CHART ANALYSIS:
- Price bounced at the Weekly Resistance Zone.
- Now, it is facing the short term Ascending Trendline.
- This scenario that we are considering is just a short term move towards the next support zones, looking for a retracement of the strong upside move.
- Will wait and see how the trendline reacts.
- Keep in mind that the main trend on this pair is bullish after the breakout of the Weekly Descending Channel.
DAILY CHART ANALYSIS:
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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.