The counter has formed a bullish gartley pattern.
And the down move is also overstretched. The RSI indicator is also indicates it by hovering around the oversold zone.
The pair is showing early signs of strength by the formation of morning star pattern.
Hence, we expect a pullback in the counter to the resistance of 1.61262.
And the down move is also overstretched. The RSI indicator is also indicates it by hovering around the oversold zone.
The pair is showing early signs of strength by the formation of morning star pattern.
Hence, we expect a pullback in the counter to the resistance of 1.61262.
Trade stängt: målet nått