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It was a bullish indicator to the channel's resistance, but it gave a change in the direction, which led to the drop to the mentioned support, which is a buying area in case it did not break, however, it needs to return to rise again at the resistance.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
Please support this idea with LIKE if you find it useful.
***
It was a bullish indicator to the channel's resistance, but it gave a change in the direction, which led to the drop to the mentioned support, which is a buying area in case it did not break, however, it needs to return to rise again at the resistance.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
***
The information given is not a Financial Advice.
