Catch the London breakout
Presented is a buy analysis with the 1 hr chart.
We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support.
RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation.
Current strength and sentiment is heavily in the sterlings favor.
My TP is zone is our key resistance of 1.76000 with a stop loss below current support.
Please comment with thoughts and ideas. Thank you.
We see continued support along 1.74800. With the MACD/SIGNAL cross at a key trading time (London Session open) near I sentiment this to be a pivot off support.
RSI is rising out of oversold zone and gaining momentum while RVI is curving into a cross and then through zero line for trend/volume confirmation.
Current strength and sentiment is heavily in the sterlings favor.
My TP is zone is our key resistance of 1.76000 with a stop loss below current support.
Please comment with thoughts and ideas. Thank you.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.