The price is running inside both of a middle term down trend channel and a long term up trend channel. It is in the top area of the down trend channel but in a bottom area of the up trend channel.
Current it is the fourth time tries to break out the North in a short term resistant line. If break out this resistant line, it possible will also break out the down trend channel top line.
The price has break out Guppy EMA resistant zone and standing on the top of resistant zone in Guppy.
Since the price already try multiple times to go North, then, it would go North with high potential and reason.
The target price could be 1.457 or 1.410 on May 01, 2024.
Current it is the fourth time tries to break out the North in a short term resistant line. If break out this resistant line, it possible will also break out the down trend channel top line.
The price has break out Guppy EMA resistant zone and standing on the top of resistant zone in Guppy.
Since the price already try multiple times to go North, then, it would go North with high potential and reason.
The target price could be 1.457 or 1.410 on May 01, 2024.
Comment:
Continue long
Comment:
Continue Long
Comment:
Still looking for long since the price retracted back the previous long term down trend channel top channel line, which could be support line at this moment.