D1 - Price has reached a key support zone.
Potential bullish divergence.
H1 - Multiple false breaks with bullish divergence.
If we get a valid breakout above the high at 1.60091 we may then consider it as a validation for the bullish view.
Alternatively if the price moves lower, breaks and holds below the key support zone then this bullish view will be invalidated.
Potential bullish divergence.
H1 - Multiple false breaks with bullish divergence.
If we get a valid breakout above the high at 1.60091 we may then consider it as a validation for the bullish view.
Alternatively if the price moves lower, breaks and holds below the key support zone then this bullish view will be invalidated.
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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.