Chart Pattern
Is it forming inverted cup and handle pattern (scary) if yes then buckle up! we ready to go south till about 0.550 zone. This scenario will change the trend and more down side can also be seen this will be scenario B
Pattern Failure
If this is a chart pattern failure then be ready for some big moves very soon and I think it will hit 0.8xx area very soon. But for this to happen deyaar has to close the price above 0.725 before breaking 0.660 so its a wait and watch game.
Early entry
However we can plan for a early bird entry as price is at support zone and target 0.760 area which will give us good RRR
Hit like & follow guys ;)
Is it forming inverted cup and handle pattern (scary) if yes then buckle up! we ready to go south till about 0.550 zone. This scenario will change the trend and more down side can also be seen this will be scenario B
Pattern Failure
If this is a chart pattern failure then be ready for some big moves very soon and I think it will hit 0.8xx area very soon. But for this to happen deyaar has to close the price above 0.725 before breaking 0.660 so its a wait and watch game.
Early entry
However we can plan for a early bird entry as price is at support zone and target 0.760 area which will give us good RRR
Hit like & follow guys ;)