Hello, If you take a look at the pair, it moving nicely within the pattern. More likely it's going to hit the bottom before moving upward. So as far as it remain below the inside trendline it will have positive chances of hitting bottom and then it will climb up! If it breaks the trendline before hitting the bottom then we may likely to see a retracement move but just for a shorter period.
Trade according to your own strategy!
Goodluck
Trade according to your own strategy!
Goodluck
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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.