Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.       

As we can see, the price is moving in upwards direction by making a new lower high and not breaking its previous lower low. Currently the price is at par with the previous lower high and for the price to go up, it will have to break the previous lower high.

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Ryan Lopes

Ryan Lopes

Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.