Hi Everyone
According to the reef chart in the daily time frame, it can be seen that in the long run an uptrend line has been formed which is relatively strong and has not been broken yet, but in the short term due to recent market events, a downtrend line It is poorly formed and is more likely to break upwards and start a large growth.
Despite the fact that the Reef is in a good position in terms of charts, there are significant fundamental news about this currency, and also due to the not so large market cup of this currency, there is a possibility of a flood of liquidity and growth of Sharpe.
Please share your comments with me.
According to the reef chart in the daily time frame, it can be seen that in the long run an uptrend line has been formed which is relatively strong and has not been broken yet, but in the short term due to recent market events, a downtrend line It is poorly formed and is more likely to break upwards and start a large growth.
Despite the fact that the Reef is in a good position in terms of charts, there are significant fundamental news about this currency, and also due to the not so large market cup of this currency, there is a possibility of a flood of liquidity and growth of Sharpe.
Please share your comments with me.