Very simple and basic chart drawing but that may tell you the most important hint.
Downward trendline developed since 30 Jul and was broken a month after. Now, 8 Sept, it comes back to the line.
Technically it is a buy signal when the price touched the line. In the other words, when the price breaks below the line, a stronger selloff is anticipated.
Downward trendline developed since 30 Jul and was broken a month after. Now, 8 Sept, it comes back to the line.
Technically it is a buy signal when the price touched the line. In the other words, when the price breaks below the line, a stronger selloff is anticipated.
Two short-term resistance:
1) 9-EMA on 4-hour chart (currently ~1.3775)
2) the "nobody land" 1.3800-1.3820