BULLISH BIAS
daily- price found support on daily support level 141.300
strong bullish momentum approaching daily res. level (143.500)
4H- reversal pattern head & shoulders can be identified
price broke neckline and is currently retesting(142.700)
pin bar is also seen at neckline retest
1H-a channel is seen on this level to correlate with the retesting on H4
price has found support at this level 142.700
ANALYSIS- price has broken neckline and is retested , indicating a bullish reversal, IF this level holds THEN I predict price to continue upward to 143.500-swing trade -146.400
strong bullish momentum approaching daily res. level (143.500)
4H- reversal pattern head & shoulders can be identified
price broke neckline and is currently retesting(142.700)
pin bar is also seen at neckline retest
1H-a channel is seen on this level to correlate with the retesting on H4
price has found support at this level 142.700
ANALYSIS- price has broken neckline and is retested , indicating a bullish reversal, IF this level holds THEN I predict price to continue upward to 143.500-swing trade -146.400
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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.