Last post: March sixth. See chart.
Review: Price had broken through the daily 200sma but was faced with resistance at 1.3000.
Update: Price did a pop and drop above 1.3000, pulled back to the daily 200sma and since April, price has been bullish and has now broken March resistance.
Conclusion: Applying patience and waiting for the right opportunity to enter long trades with is also dependent on the DX!1.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price had broken through the daily 200sma but was faced with resistance at 1.3000.
Update: Price did a pop and drop above 1.3000, pulled back to the daily 200sma and since April, price has been bullish and has now broken March resistance.
Conclusion: Applying patience and waiting for the right opportunity to enter long trades with is also dependent on the DX!1.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
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Join Our Private Community
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
bit.ly/join-ST-community
Plus Get Our Ultimate Stock Market Blueprint.
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.