Hi Traders!
The market is moving in a range.
After the confirmation of the range it is the second time the market tests the area.
If the range is still valid, we expect a down move until the support at 0.98500.
We used the pattern of the last down move and copied to the current situation.
If the market fails breaking the resistance, we have still a range and we can go short.
Thanks and good luck :)!
The market is moving in a range.
After the confirmation of the range it is the second time the market tests the area.
If the range is still valid, we expect a down move until the support at 0.98500.
We used the pattern of the last down move and copied to the current situation.
If the market fails breaking the resistance, we have still a range and we can go short.
Thanks and good luck :)!
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Related publications
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.