Bullish breakout
Flag pAttern has a high rate of happening 50-80%
Long term buyers gets kicked out a bit before buying again to hit second target after Take profits. This can trigger a pullback on effective pressure below 1.41/1.40916
1'39560& 1.400 buying range
I want to buy but it will be small due to large risk 1.34200 buying dips will be hard like 1.3600&1.35
Sellers entered top rejection 1.414 &1.4057
Long term buyers gets kicked out a bit before buying again to hit second target after Take profits. This can trigger a pullback on effective pressure below 1.41/1.40916
1'39560& 1.400 buying range
I want to buy but it will be small due to large risk 1.34200 buying dips will be hard like 1.3600&1.35
Sellers entered top rejection 1.414 &1.4057
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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.
Related publications
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.