Possible long opportunity for NDUSD.
Possible TP line:
TP 1: 0.75645
TP 2: 0.76294
TP 3: 0.76640 (Next level of daily structure/resistance)
Exercise caution please
Possible TP line:
TP 1: 0.75645
TP 2: 0.76294
TP 3: 0.76640 (Next level of daily structure/resistance)
Exercise caution please
Note
No clear break yet but still on the right path. We're now seated on the 50% fib levelNote
About to test the low ascending trend lineNote
We've bounced off the lower ascending trendline.....waiting for the break and close of the upper descending trendline before going long. Patience is all we needNote
Looks like price actions wants to create a double bottom, but lets wait to confirm that first...Analysis still on point.If price goes lower than the previous support structure then we'll have to adjust the analysis
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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.