Timeframe: Daily
Trend: Down, possible up trend forming
-Price broke above the downward trend line and 0.382 confluence and retested the trend line and showed a engulfing bull (green) candle.
-Stochastic is turning to the upside, which could signal further upside
Weekly:
- Further confirmation price could break to the upside
Trend: Down, possible up trend forming
-Price broke above the downward trend line and 0.382 confluence and retested the trend line and showed a engulfing bull (green) candle.
-Stochastic is turning to the upside, which could signal further upside
Weekly:
- Further confirmation price could break to the upside
Note
Trade may be invalidated if current levels at 0.382 fail to hold
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.