Pair is currently at demand zone acting as a strong support become resistance zone as shown. Price has also made it first LH at current price. In addition, a wedge is formed which is usually a reversal pattern as shown. All these factors point to the fact that this pair is done shorting and the bulls are ready to take the market up.
Let me know your thoughts.
Thank you.
Let me know your thoughts.
Thank you.
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.