1.2369 has been a key upper boundary to watch. Four key price action points that I have been watching point to upside potential.
1. I wouldn't necessarily classify this as a fakeout. However, price traded below and failed to push lower at this point. Price went back above the 1.23165 lower boundary level.
2. This is a drift term. After a bullish spike, price began drifting lower and stabilized above the 1.23165 level. This is a good sign as price fails to break lower.
3. Another higher low as the price drift exhausted faster than expected.
4. This is the key upper boundary that I'm watching. Now that price is holding above this level, I am optimistic that there is further upside potential.
1. I wouldn't necessarily classify this as a fakeout. However, price traded below and failed to push lower at this point. Price went back above the 1.23165 lower boundary level.
2. This is a drift term. After a bullish spike, price began drifting lower and stabilized above the 1.23165 level. This is a good sign as price fails to break lower.
3. Another higher low as the price drift exhausted faster than expected.
4. This is the key upper boundary that I'm watching. Now that price is holding above this level, I am optimistic that there is further upside potential.
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。
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。