Healthy upward trending counter. It has been consistently undergoing minor flag breakouts along the uptrend line. Would be good for short term trade if it can break above the immediate resistance 1.620 level.
EP: 1.625
TP: 1.785
CL: 1.550
EP: 1.625
TP: 1.785
CL: 1.550
Bình luận:
it has broken out above the crucial 1.62 resistance line and almost immediately re-tested the line as a support . If it does not break below this support, it should be good to keep. Lets see if it will go further.
Bình luận:
EXCELLENT breakout, as predicted earlier. Now the then-resistance has turned into support.