Price Breaking Into Support
Price has been incredibly sideways in this market for the last six months.
Whilst we have now had a nice move lower in the last few sessions, price is still contained within this sideways move.
If we are looking to make trades in this pair the only options at the moment are either to wait on the sidelines until price breaks in a clear trend, or use the current levels to find trades.
One level that could offer a trade is the price flip resistance just above as shown on the daily chart for potential short trades.
Whilst we have now had a nice move lower in the last few sessions, price is still contained within this sideways move.
If we are looking to make trades in this pair the only options at the moment are either to wait on the sidelines until price breaks in a clear trend, or use the current levels to find trades.
One level that could offer a trade is the price flip resistance just above as shown on the daily chart for potential short trades.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.