After bottom pattern was completed on 8/23, has begun to go uptrend,
On 8/29.30, backtested support line, continue to valid
9/2 break above the resistance line of ascending channel
then pull back with increased volume
15m TF, MA9,12 entangled with each other and broke below MA144, 169
Current bias: consolidation between 0.615-0.630
Until it effectively breaks through the short-term resistance (0.635),
will continue to be bullish (H1 MA is still bullish, uptrend structure hasn't been broken)
If falls below 0.60,
it may be a potential reversal trend in short-term
Personal opinions do not represent any investment advice
Any suggestions and feedback are welcome
On 8/29.30, backtested support line, continue to valid
9/2 break above the resistance line of ascending channel
then pull back with increased volume
15m TF, MA9,12 entangled with each other and broke below MA144, 169
Current bias: consolidation between 0.615-0.630
Until it effectively breaks through the short-term resistance (0.635),
will continue to be bullish (H1 MA is still bullish, uptrend structure hasn't been broken)
If falls below 0.60,
it may be a potential reversal trend in short-term
Personal opinions do not represent any investment advice
Any suggestions and feedback are welcome