Weekly Bullish Pennant right into 50SMA
Hi guys,
I've had these ranges plotted for a few weeks now, and it's really helping me see this pair more clearly.
We're currently underneath the 50SMA and have been for some time, but with the bullish pennant forming on the weekly, we may be in for some change.
I've marked out some strong areas for support, and a long test wick candle.
My bias will remain neutral until I see some further confirmation, paying particular attention to how we react to the 50SMA.
Happy trading.
I've had these ranges plotted for a few weeks now, and it's really helping me see this pair more clearly.
We're currently underneath the 50SMA and have been for some time, but with the bullish pennant forming on the weekly, we may be in for some change.
I've marked out some strong areas for support, and a long test wick candle.
My bias will remain neutral until I see some further confirmation, paying particular attention to how we react to the 50SMA.
Happy trading.
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.