Hi Traders!
The market is moving in an Uptrend.
As you can see, the price is at this moment ranging between
two important Levels:
Now we're predicting a Trend Continuation.
But why now?
You're probably thinking, that the market is at strong Resistance.
That's why it'll fall.
But look at the behavior of the market:
The first time it hit the Resistance, it immediatly pulled back.
The second time, the market again instantly retraced.
We recommend to buy the trade with a Retest.
Thanks and successful trading :)!
The market is moving in an Uptrend.
As you can see, the price is at this moment ranging between
two important Levels:
- The Support at 0.63800 and
- the Resistance at 0.65700
Now we're predicting a Trend Continuation.
But why now?
You're probably thinking, that the market is at strong Resistance.
That's why it'll fall.
But look at the behavior of the market:
The first time it hit the Resistance, it immediatly pulled back.
The second time, the market again instantly retraced.
We recommend to buy the trade with a Retest.
Thanks and successful trading :)!
Note
The RED BOX, but in big:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.