The HTF charts, specifically the M1 and W1 charts, indicate that this pair has been on a long-term downward trend. However, the W1 chart has begun to show signs of change over the past few weeks in December, with the trend now producing new higher highs and higher lows. Considering the highs from the last downswing, the pair is still trading at a discount.
Next, we will look at the D1 and H4 charts. The Fair Value Gap (FVG) that was created yesterday was nearly filled today, making this price area of interest for potential long entries, as depicted in the charts.
Let's wait for the for fundamentals, and the DXY, to confirm our trade
Next, we will look at the D1 and H4 charts. The Fair Value Gap (FVG) that was created yesterday was nearly filled today, making this price area of interest for potential long entries, as depicted in the charts.
Let's wait for the for fundamentals, and the DXY, to confirm our trade
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.