After a strong close daily flip for this pair
i think it is fair to assume we can now look for
a pullback and retest to buy to trade along
with the trend.
We can wait on the lower timeframe 1h or 30m
which ever u are comfortable with trading
for pull back
One thing to note is to watch how price action
plays if it breaks below the zone as we dont know
how deep the pullback would be.
its safe to wait for price to come to the zone
and breaks out upward with momentum
Ultimate target would be the daily key resistance
zone.
i think it is fair to assume we can now look for
a pullback and retest to buy to trade along
with the trend.
We can wait on the lower timeframe 1h or 30m
which ever u are comfortable with trading
for pull back
One thing to note is to watch how price action
plays if it breaks below the zone as we dont know
how deep the pullback would be.
its safe to wait for price to come to the zone
and breaks out upward with momentum
Ultimate target would be the daily key resistance
zone.
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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.
Related publications
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.