ARB currency has reached its downward trend line, so there is a possibility of a drop. This drop can be to the bottom of the channel, but before entering this position, it must break the support limits.
On the other hand, according to the formation of the head and shoulder pattern, there is a possibility of a growth of up to 36% for this currency, but before entering the long position, we must observe the stabilization in it, which means breaking the previous peak and exiting the channel.
In this case, we can have a secure entry.
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On the other hand, according to the formation of the head and shoulder pattern, there is a possibility of a growth of up to 36% for this currency, but before entering the long position, we must observe the stabilization in it, which means breaking the previous peak and exiting the channel.
In this case, we can have a secure entry.
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