Two possible scenario's for this pair. Either a continuation after a rebound on descending TL, or a long after a break and retest.
I will be watching this pair on the lower TFs (4hr/1hr) to see how it reacts to the descending TL.
I will be watching this pair on the lower TFs (4hr/1hr) to see how it reacts to the descending TL.
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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.