Approaching Price Targets 144.00 and 146.00. So far, price action is moving as planned. We got the pull back into dynamic support and resistance which is the exponential moving average period 10 and exponential moving average period 20. We got a pull back to price level 124.50. We got a price action signal which was a bullish engulfing bar after the breakout... after closing above 124.50.
Now a channel formed and the channel diagonal level was retested with pin bar/rejection candle.
Now a channel formed and the channel diagonal level was retested with pin bar/rejection candle.
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.