its forming a pattern of
Assending triangle
also
Rising Wedge
Which indicates the movement can happen both ways
If it drops below 5.90 then it will be a confirmation of a bearish reversal
If it goes above 6.50 then it will be continuation of the bullish move
Make entries after 6.50 to ride the bull trend
Assending triangle
also
Rising Wedge
Which indicates the movement can happen both ways
If it drops below 5.90 then it will be a confirmation of a bearish reversal
If it goes above 6.50 then it will be continuation of the bullish move
Make entries after 6.50 to ride the bull trend
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.