Description
⋅ It looks like PRE/USD *might* break the downtrend (red line).
Ignore the green line.
Not financial or investment advice.
Comment
⋅ As you can see we had a possible break out that was not confirmed as it fell back under the trendline.
Just now, we pushed above the trend line. Hopefully this candle closes green above the trend line giving us confirmation this time :)
Comment
⋅ Tried and failed twice now. Maybe next one is a go?
Comment
⋅ Breakout confirmed!
Looks like we should move upwards now ... Fingers crossed we don't go back under!