Broke the bearish channel
Hey,
There's a good chance that the trend of this pair changed last week and here's why:
- Broke above the bearish channel that it was on since the beginning of May.
- Daily MACD already made a bullish cross.
- Great RSI momentum.
- Plenty of room to grow until it reaches a major resistance at around 0.675.
I'm looking for a chance to buy this pair and i'll if it goes for a channel retest. It's a bit low, so i'm not sure it's getting that far. I'll update the idea if i find another entry during the week.
Cheers
There's a good chance that the trend of this pair changed last week and here's why:
- Broke above the bearish channel that it was on since the beginning of May.
- Daily MACD already made a bullish cross.
- Great RSI momentum.
- Plenty of room to grow until it reaches a major resistance at around 0.675.
I'm looking for a chance to buy this pair and i'll if it goes for a channel retest. It's a bit low, so i'm not sure it's getting that far. I'll update the idea if i find another entry during the week.
Cheers
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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.