Uptrend AC Long
Wait before you make your move to go long.
The pair has made a reversal going off the "purple" trendline. You can see that it went from LH to LL then to L, HH.. wait for the Higher Low to form then get in position.
The pair has made a reversal going off the "purple" trendline. You can see that it went from LH to LL then to L, HH.. wait for the Higher Low to form then get in position.
Note
AC is in for a 240 pip downtrend.
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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.