Price is approaching the downtrend resistance after forming a potential falling wedge pattern.
A breakout above the yellow trendline could confirm bullish momentum with targets at 0.3399 and 0.385.
Volume is increasing, which might support a breakout scenario.
📈 Watching closely for confirmation on the 4H close.
A breakout above the yellow trendline could confirm bullish momentum with targets at 0.3399 and 0.385.
Volume is increasing, which might support a breakout scenario.
📈 Watching closely for confirmation on the 4H close.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
