Overall Trend & Context:
This pair is in an overall uptrend and has reacted off the 140.00 support levels (as well as the 200 EMA on the Daily chart).
Technical Findings:
Price is trading above 25, 50,100 and 200 EMA's on intraday charts.
Powerful break of structure which leaves no question about bullish force.
Current consolidation - Demand needs to be built before continuation.
Notes:
Price is currently at a historic support level however has not closed above daily supply, we are still in the area of doing so.
Manage your risk, take the trade with confirmations only.
This pair is in an overall uptrend and has reacted off the 140.00 support levels (as well as the 200 EMA on the Daily chart).
Technical Findings:
Price is trading above 25, 50,100 and 200 EMA's on intraday charts.
Powerful break of structure which leaves no question about bullish force.
Current consolidation - Demand needs to be built before continuation.
Notes:
Price is currently at a historic support level however has not closed above daily supply, we are still in the area of doing so.
Manage your risk, take the trade with confirmations only.
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.