The counter is forming a descending triangle pattern.
It is forming at the highs which could indicate a topping out formation.
However, we advise traders to initiate short trades once the pair breaks and sustains below the support level of 0.61122.
The counter is forming a descending triangle pattern.
It is forming at the highs which could indicate a topping out formation.
However, we advise traders to initiate short trades once the pair breaks and sustains below the support level of 0.61122.