This pair fell into the cloud before finding a bit of support. it is now prepped to try and challenge recent highs as it tries to breakout of the cloud. Ideally we would see a bullish TK cross to as price rises above our recent high to help verify a chance to get long. I am targeting a previous high as my TP level, should I enter. If our bullish confirmations change to bearish or we fail to break above resistance, this setup may become invalidated
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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.