Weekly/Daily: Clear uptrend.
H4: Price recently formed a triangle which followed by a massive sell-off. Price bounces back from a key level and slowly pushing higher.
H1: An uptrend trendline can be seen on the chart.
Bias: The price might retest the support level @ 6.78400 and continue its upward momentum with initial target @ 6.85200, second target @ 6.90300, third target 9.95600 and finally @ 6.98800.
H4: Price recently formed a triangle which followed by a massive sell-off. Price bounces back from a key level and slowly pushing higher.
H1: An uptrend trendline can be seen on the chart.
Bias: The price might retest the support level @ 6.78400 and continue its upward momentum with initial target @ 6.85200, second target @ 6.90300, third target 9.95600 and finally @ 6.98800.
Kommentera:
Didn't work out as expected...