The pair has been falling like a rock for a while. Now is the time for the reversal.
The price is at a great significant level with Kumo confirming bullish breakout.
However, I would not enter now and wait for further confirmation through breaking out of the downward base trend line.
The price is at a great significant level with Kumo confirming bullish breakout.
However, I would not enter now and wait for further confirmation through breaking out of the downward base trend line.
Note
The daily chart confirms the strong reversal expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.