Hello everyone
The price has risen forming a bullish channel, now the price has rejected the daily resistance of 1.19099, forming a Hanging man candlestick pattern.
The trend is bullish, so to ensure the movement, wait for the bullish channel to break.
The possible targets are in the next support of 1.17537 and in the lower support of 1.17084
You can leave your opinion below, thanks
Trader Dark Eyes
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels
The price has risen forming a bullish channel, now the price has rejected the daily resistance of 1.19099, forming a Hanging man candlestick pattern.
The trend is bullish, so to ensure the movement, wait for the bullish channel to break.
The possible targets are in the next support of 1.17537 and in the lower support of 1.17084
You can leave your opinion below, thanks
Trader Dark Eyes
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels