The price is forming a reversing pattern: Double bottom. The close above the neckline already happened and we are actually retesting it. So this is a formidable buy opportunity.
Commento
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Trade attivo
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Support 0.1845 Stop loss 0.1784 (-2% loss) it is equivalent of a daily close below the 20EMA which would invalidate the trade. First confirmation closes above 0.1883 check. Second confirmation close above 0.2083
Target 1: 0.2041 Target 2 :0.2453
Note that the path is full of resistances. Have a good day.
Trade attivo
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Target 1 reach.
Trade attivo
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Nothing change except that the market is depressed and the last daily close was below the 20 day EMA. The price is still above an importante support line but a close below that will jeopardize the trade.