Pattern: Channel Up on 1D.
Signal: (A) Buy as long as he price trades above the 1D MA200 (orange line) (B) Sell if it breaks below it.
Target: (A) 2.700 (right below the Resistance) (B) 1.650 (right above the Support).
*Note: the RSI is near its 1 year Support Zone. Only once this failed to initiate a bullish sequence.
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Signal: (A) Buy as long as he price trades above the 1D MA200 (orange line) (B) Sell if it breaks below it.
Target: (A) 2.700 (right below the Resistance) (B) 1.650 (right above the Support).
*Note: the RSI is near its 1 year Support Zone. Only once this failed to initiate a bullish sequence.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
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I'm leading Team TRADINGSHOT in WhiteBIT Trade Battle💰50k USDT rewards
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Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
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.