Looking to short this pair near its smaller channel it currently is in if momentum slows down. Or we wait for price to make a solid third touch. It is important to know HOW we reach this third touch however, because if we get there impulsively we must wait for price to make a fake out and we will enter off any continuation signals. If we get there slower in a more consolidated format, our chances of falling this week increases dramatically.
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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.