Hello traders, I believe that there is potential upside for the pair and here is why:
Monthly, Weekly and Daily


4 hour

Monthly, Weekly and Daily
- Price broke all time highs last week, and therefore, for now it seems that there is infinite potential to the upside for the pair.
4 hour
- Price has formed a bullish pattern (higher high). Using the fib tool, the -27.2 target has not been achieved yet which is at 40,500.
- If I am to enter the pair, then I expect a retest of 40,050 so that the pair collects orders before we move to the upside
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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.