USDILS, A generalized overview
Historical view:
USDILS has formed Three Rising Valleys, which is a bullish pattern reversal, but, a Falling Wedge that arose in the scene made that pattern invalid, so, the good news was that the Falling Wedge is also a bullish pattern reversal, and that time it didn't invalidate and the arising confirmed. after the rising that followed the Falling Wedge pattern, a Rectangle Top appeared on the scene, which is a bearish pattern reversal, the pattern was also valid and dropping confirmed, that what connects us to the scene of PRESENT.
Present view:
USDILS Has formed an Eve Bottom pattern, which is a bullish reversal, it is expected because of that, that the uptrend will continue.
NOTE: Always DYOR, stay cautious to place STOP LOSSes and trade your own personality
USDILS has formed Three Rising Valleys, which is a bullish pattern reversal, but, a Falling Wedge that arose in the scene made that pattern invalid, so, the good news was that the Falling Wedge is also a bullish pattern reversal, and that time it didn't invalidate and the arising confirmed. after the rising that followed the Falling Wedge pattern, a Rectangle Top appeared on the scene, which is a bearish pattern reversal, the pattern was also valid and dropping confirmed, that what connects us to the scene of PRESENT.
Present view:
USDILS Has formed an Eve Bottom pattern, which is a bullish reversal, it is expected because of that, that the uptrend will continue.
NOTE: Always DYOR, stay cautious to place STOP LOSSes and trade your own personality
Transaction en cours:
The target is reached but the next resistance is waiting to be kicked out.
