On the daily, we have a nice downward trend. Going down to a lower timeframe, I realized it formed a reasonable ranging/consolidation pattern that was tradable (Not all ranging patterns should be ignored).
Price will definitely want to react at 1.14000. SO Will be expecting a change in direction after price hitting 1.14000. However, Price could finally break out from the trend and above 1.14500. If this happens, we are looking at a change in market structure.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.