Strong buying pressure confirmed

I'd rather buy from this level. The reason for this is obvious to me. Price closed above bearish trendline both on the Daily chart and on the Weekly chart. Price action retested the moving avarege and the bearish trendline as well.

Follow this chart to see the updates or follow my page to see my analysis on other pairs.

Yorum:

I've mistaken with confirmation on a Weekly chart, so we should wait for this or next week to confirm this setup. My advice is to close this trade now, it's already in good profit.

İşlem elle kapatılmış:

Profit!