We are already in a short with the pair as price retested our area of structure as resistance. However, the patterns on the daily and weekly timeframe are showing potentially problematic signs for us who already entered. The weekly shows an impulse to the upside and the daily is showing a successful w pattern that is not treating the structure as support. So, we could see another continued bounce, for those looking to enter or already entered.
RR - 1:2.68
RR - 1:2.68
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.