As expected, this pair has tested the prior low and trying now to move higher. Its action form the new bottom (B) is not aggressive, therefore I will be watching it closely on the green line despite the fat that tomorrow's move could be to the downside.
I am not taking any trades on this pair now.
I am not taking any trades on this pair now.
Trade active
As expected ... the green line has been tested today with a possiblity to close above the line which will remove the bears pressure and allow more green candles to the upside.Note
Nice defeat for bears
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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.