Current support level : 1.35837
current resistance level : 1.37876
Harmonic Patterns : bullish Shark Pattern
Trend analysis : support trend line break out retest
Fibonacci : 62% retracement the last major swing
SL @ 1.38684
TP @ 1.21210
Strengths:
- Price usually corrects itself so that it doesn't stray off to far from the EMA 10 & 20, the support trend line and resistance level has not been tested as the new stronghold
Weakness:
- Bullish shark might not fail when price hits the current resistance level
Comment: Although price has broken strongly out of the channel, to get in at the best price, you must wait for the retest of the resistance level.
current resistance level : 1.37876
Harmonic Patterns : bullish Shark Pattern
Trend analysis : support trend line break out retest
Fibonacci : 62% retracement the last major swing
SL @ 1.38684
TP @ 1.21210
Strengths:
- Price usually corrects itself so that it doesn't stray off to far from the EMA 10 & 20, the support trend line and resistance level has not been tested as the new stronghold
Weakness:
- Bullish shark might not fail when price hits the current resistance level
Comment: Although price has broken strongly out of the channel, to get in at the best price, you must wait for the retest of the resistance level.
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Handel aktiv:
TP Hit