Chart tells the story. Nice breakout BUT there is still one big up wave missing. This is our edge, look for dips below 0.7800 for long entries. Stops below 0.7570 and look for a big move into 0.83.
So shortterm = corrective down. Longerterm = impulsive up!
So shortterm = corrective down. Longerterm = impulsive up!
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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.