🔸WEEKLY CHART EXPLANATION:
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🔸This pair has been very choppy for the last months.
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🔸We can observe that it tried to break the range to the upside but wasn't able to consolidate above. Instead, it left a pinbar and a strong rejection to the downside.
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🔸Our bearish view involves a potential downsive move towards the Ascending Trendline, however, we need to be careful with the Support Zone at 1.60000.
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🔸Will look for a lower timeframe bearish setup.
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🔸This pair has been very choppy for the last months.
.
🔸We can observe that it tried to break the range to the upside but wasn't able to consolidate above. Instead, it left a pinbar and a strong rejection to the downside.
.
🔸Our bearish view involves a potential downsive move towards the Ascending Trendline, however, we need to be careful with the Support Zone at 1.60000.
.
🔸Will look for a lower timeframe bearish setup.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
