*** WARNING ***
This is not a trade advice. Trade at your own risk and follow your trading plan.
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This pair is not very clear to me. PP1 indicates bullish momentum which might lead to the area marked, but the formation of PP2 indicates weakness of bullish momentum. PP3 could possibly be another Pivot Point (have to watch what price will do). If it confirms, then bullish momentum its likely to continue and reach the area marked. If not, TL will be broken and price will move down below PP1.
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!
This is not a trade advice. Trade at your own risk and follow your trading plan.
------------------------------------------------------------------------------------------------------
This pair is not very clear to me. PP1 indicates bullish momentum which might lead to the area marked, but the formation of PP2 indicates weakness of bullish momentum. PP3 could possibly be another Pivot Point (have to watch what price will do). If it confirms, then bullish momentum its likely to continue and reach the area marked. If not, TL will be broken and price will move down below PP1.
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!