xlnelsonr

xlnelsonr

Since June 5, 2020 this pair has been having a downward trend, where it began to form a trend line from June 20, on November 11 this pair returned to the trend line with a strong movement, bouncing off the same line. we expect a small pullback to confirm entry, analyzing upcoming resistance to mark gains

xlnelsonr

Since 2018, this pair has been making an upward channel that it has been respecting with the exception of the movement caused by the covid since February, returning to the channel in June. We also have a bounce zone just below the channel, in case a false breakout occurs. So its upward trend is likely to continue.

xlnelsonr

As we can see, since the beginning of April a downtrend has been forming, if the market respects the channel it is likely that it will make a down movement again