And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
It should be noted, though, that a trend in the opposite direction, going down, exists on the 90 day timeframe.
The closest is the 200 day average, which is 22.1 pips away.
The closest is the 20 day average, which is 48.9 pips away.
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
Given that we see an uptrend on the 5 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
The closest is the 20 day average, which is 7.4 pips away.
The closest is the 20 day average, which is 17.5 pips away.
Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
(M55)(y)(must) ema200/100/55 should align with ema9 daily5.