Hey,
Just entered short on this pair. Analysis based on daily/H4 time frames.
The price is now at daily resistance. H4 shows me strong bearish pressure lately and now the buyers are struggling to make a new high after the last attempt where huge bearish pressure occured.
Both pairs look strong at the short-term charts.
Looking for targets around the recent low.
Good luck :)
Just entered short on this pair. Analysis based on daily/H4 time frames.
The price is now at daily resistance. H4 shows me strong bearish pressure lately and now the buyers are struggling to make a new high after the last attempt where huge bearish pressure occured.
Both pairs look strong at the short-term charts.
Looking for targets around the recent low.
Good luck :)
Note
Daily/H4 outlookTrade closed: stop reached
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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.