Watching For Momentum to Test Major Support
Price action in this pair is forming a pretty solid box pattern that could soon offer trading opportunities.
Not only is there a box support and resistance level, but on the smaller intraday charts we have some other minor levels to watch for potential trades.
Price is now looking to potentially break and move through one of these levels. If this occurs price would then look to move into the swing low and major support that would then become a major focus.
Thanks for your like and support....
Not only is there a box support and resistance level, but on the smaller intraday charts we have some other minor levels to watch for potential trades.
Price is now looking to potentially break and move through one of these levels. If this occurs price would then look to move into the swing low and major support that would then become a major focus.
Thanks for your like and support....
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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.
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.