Major Price Flip Being Tested
Price is now looking to test the major price flip resistance with this pair.
After breaking out lower, price made a large sell off into support.
After bouncing from this support level, price moved back higher into the old breakout support and new price flip resistance level.
This level looks crucial for this pair. If it holds then a new trend lower would look likely. A move back higher and we could expect a lot more ranging price action.
After breaking out lower, price made a large sell off into support.
After bouncing from this support level, price moved back higher into the old breakout support and new price flip resistance level.
This level looks crucial for this pair. If it holds then a new trend lower would look likely. A move back higher and we could expect a lot more ranging price action.
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Publications connexes
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.