Uptrend broken, head and shoulders neckline brocken downwards, apparent downtrend channel, possible resistance between 4.05-4.20. Watch out for breakout up/down. Time to play out ~12h.
Disclaimer: Would love your analysis as I'm merely starting out.
Disclaimer: Would love your analysis as I'm merely starting out.
Commento:
Next 4h should be interesting. Extended neckline broken once, resistance at 4.2USD touched. Entry at 4.57, if breached.
Commento:
Commento:
Area of resistance at upper line downtrend channel and at extended neckline. Possible breakout area around 4.57 USD.
Long trade: Enter on breakout, next resistance expected around 4.90-5.00.
Long trade: Enter on breakout, next resistance expected around 4.90-5.00.