4H CHART EXPLANATION:
On this timeframe we observe that the Ascending Triangle was broke downwards and also the Support Zone. Then, price did a pullback towards the broken Support Zone. We expect this move to reach the support zone at 70.500-70.600.
MULTI TIMEFRAME ANALYSIS:
Daily:
Weekly:
On this timeframe we observe that the Ascending Triangle was broke downwards and also the Support Zone. Then, price did a pullback towards the broken Support Zone. We expect this move to reach the support zone at 70.500-70.600.
MULTI TIMEFRAME ANALYSIS:
Daily:
Weekly:
Trade closed: target reached
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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.