We have 3 Moving averages below price on 4h
We see an uptrend but price rejected 1.2625 level multiple occasions
As a result it is possible that price could break through,
However I believe price will correct itself as people take their profits before price then rejects support and creates a new high.
We see an uptrend but price rejected 1.2625 level multiple occasions
As a result it is possible that price could break through,
However I believe price will correct itself as people take their profits before price then rejects support and creates a new high.
Trade closed: target reached:
So price closed above resistance, then retested it once and went up.
This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.
id say this is a
W
This is due to momentum which I didn't explicitly say but did mention 'Price could break through'.
id say this is a
W