The pair is at a key resistance. I am looking for continued rejection to drop to next key support as shown on chart. A retest of the top support is possible before a drop. A break through top resistance will sentiment towards bullish trend continuation.
MACD and RSI are in their pivot zones for a reversal but also have much room for a takeout and continuation. My entry will be a MACD signal cross with strong rejection.
Please comment with thoughts and ideas and make sure you read my forecast thoroughly. Thank you.
MACD and RSI are in their pivot zones for a reversal but also have much room for a takeout and continuation. My entry will be a MACD signal cross with strong rejection.
Please comment with thoughts and ideas and make sure you read my forecast thoroughly. Thank you.
Trade active
Target 1 reached with target 2 in close range
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.