Hi fellows, We are bearish on this pair for longer term. The last wave we have seen on this pair is fading out. This pair can push for up for couple of more candles. Watch lower time frame for early sell.. In case price slightly push up then dont get panic this is a linger term trade setups. If you are looking for wave to the down side with tight stop then you might lose the trade. Give enough room to your trade so that your trade can turn in to profit. We are watching price action on lower time frame. Good Luck fellows.
Note
If you understand the price chart patterns then i hope you know how to look for price action when price come close to the area of interest. And if you dont please dont take risk on this trade.Note
Watch this Wedge breakout with strong impulse. Note
watch wedge breakout Note
One more up wave is possible before going doing for big wave. Note
Watch breakdown if do not breakdown then look for sell from top again. Note
Note
Note
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
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.