Hello Traders, This is a Screenshot of my Analysis on this Pair. Price has been Bullish on the Monthly Timeframe, confirming that we are in a Bullish Environment.
However, we have an Accumulation on the Daily Timeframe and we can see Price bouncing inside a Pennant. I have marked out an area of Demand and I will be Monitoring Price Action inside this Demand Level for Potential Bullish Trading Opportunities in the Coming Days. Stay Put for this one.
However, we have an Accumulation on the Daily Timeframe and we can see Price bouncing inside a Pennant. I have marked out an area of Demand and I will be Monitoring Price Action inside this Demand Level for Potential Bullish Trading Opportunities in the Coming Days. Stay Put for this one.