As we can see, price was printing lower highs from mid April this year, and at the same time, was getting squeezed into the 1.8850 level.
With the buyers defending 1.8850 successfully, it was just a matter of time before either resistance or support was breached.
In June we saw a break to the upside and the trendline tested for several days before buyers took price higher than it's been in over a month.
If you agree with this analysis, look for buys setups that meet your strategy rules.
With the buyers defending 1.8850 successfully, it was just a matter of time before either resistance or support was breached.
In June we saw a break to the upside and the trendline tested for several days before buyers took price higher than it's been in over a month.
If you agree with this analysis, look for buys setups that meet your strategy rules.
Low-Cost Trading, for everyone, everywhere.
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Low-Cost Trading, for everyone, everywhere.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。