Key Observations:
Support Zone & Trendline: The price is currently pulling back to a support zone, aligning with the ascending trendline, which may provide a bullish reaction.
EMA Confluence: The price is positioned above the 30 EMA (1.43193, red) and approaching the 200 EMA (1.43167, blue), indicating strengthening bullish momentum.
Target Point: If the price holds at the support and resumes its uptrend, the next target is around 1.43803 - 1.43689.
A break and close above the recent high could confirm further bullish movement towards the target zone. However, if the support fails, a deeper retracement may occu
Support Zone & Trendline: The price is currently pulling back to a support zone, aligning with the ascending trendline, which may provide a bullish reaction.
EMA Confluence: The price is positioned above the 30 EMA (1.43193, red) and approaching the 200 EMA (1.43167, blue), indicating strengthening bullish momentum.
Target Point: If the price holds at the support and resumes its uptrend, the next target is around 1.43803 - 1.43689.
A break and close above the recent high could confirm further bullish movement towards the target zone. However, if the support fails, a deeper retracement may occu
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.