The pair found support at this zone setting up for another buy to retest top channel resistance.
The setup is almost identical to the last buy opportunity at this level. Look for the same pullback action as mapped on the chart.
MACD/Signal are making a push towards the 0 line to increase momentum. RSI has room to breach overbought zone.
Please comment with thoughts and ideas. Thank you.
The setup is almost identical to the last buy opportunity at this level. Look for the same pullback action as mapped on the chart.
MACD/Signal are making a push towards the 0 line to increase momentum. RSI has room to breach overbought zone.
Please comment with thoughts and ideas. Thank you.
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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.