Bias upwards but watch out the stochastic

7 Tem 2020

The symmetrical triangle has formed in a very narrow range with key resistance at 0.56. A breakout upwards would continue the recent positive trends.

However, watch out the stochastic. The stochastic must not drop below 46 to sustain the upwards trends. If breakout upwards not happens, then, look at key support of 0.50 for average down/accumulation and 0.46 cut loss.

13 Tem 2020

İşlem kapandı: hedefe ulaştı

Hit critical resistance of 0.58 with low sell volume. Uptrend seems still intact but high volume is required to break the major resistance.