- April 7, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Up on 1D.
Signal: Bearish as the pattern made a Higher High and is descending towards the Higher Low trend line. The RSI is also on a Descending trend line.
Target: 5.035 (around -3.90% from the High, similar to the weakest drop after an RSI Lower High).