We see flag formation in 1H chart. In addition, the flag has come to the support area seen from the 1H chart, and we see the price as directed upward in the RSI chart in 1H.
On the daily chart, the price tried to break the strong support 3 times, but it did not break. The daily chart also shows RSI divergence. If the 1H flag is broken and the price continues to move upwards, there may be a trend change.
Short term and small SL can be used at level 0.73110. For a longer period of time, a SL of 0.72436 can be used.
If the price continues to rise, it may enter into the channel shown in the weekly chart and move in the channel direction. In this case, long term.
1H

1W:

On the daily chart, the price tried to break the strong support 3 times, but it did not break. The daily chart also shows RSI divergence. If the 1H flag is broken and the price continues to move upwards, there may be a trend change.
Short term and small SL can be used at level 0.73110. For a longer period of time, a SL of 0.72436 can be used.
If the price continues to rise, it may enter into the channel shown in the weekly chart and move in the channel direction. In this case, long term.
1H
1W:
Trade chiuso: obiettivo raggiunto
TP1 reached. T2 runningDeclinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.