Price is retesting the original key level it broke out from. If buyers show effort to defend this area (.04900) I will participate as a buyer.
Double bottom after breaking out of a bullish pennant on higher time frame.
Uptrend line bounce
Support zone
Demand zone
If buyers don’t show up =NO TRADE
Double bottom after breaking out of a bullish pennant on higher time frame.
Uptrend line bounce
Support zone
Demand zone
If buyers don’t show up =NO TRADE
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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.