June 17, 2025
Trade ideas
XNGUSD, Daily
In the Daily timeframe, XNGUSD formed an inverted head and shoulders pattern. The price broke the neckline and rose above the nearest fractal. Also, the price crossed the AMA, and +DI crossed -DI on the ADX.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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