Daily Support Facing Big Test
The major daily support level on this pair is facing a big test.
The higher time frame charts including the daily chart are all trending higher and this is a proven price flip level. However; there is a stubborn intraday resistance level containing price at the moment.
As the 4 hour chart shows; price is stuck between the major daily support and the intraday resistance. Until one of these levels breaks, making a trade on this pair will come with high risk.
Thanks for your like and support
The higher time frame charts including the daily chart are all trending higher and this is a proven price flip level. However; there is a stubborn intraday resistance level containing price at the moment.
As the 4 hour chart shows; price is stuck between the major daily support and the intraday resistance. Until one of these levels breaks, making a trade on this pair will come with high risk.
Thanks for your like and support
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.