An M formation in the making and to be confirmed by break of neckline (H4 demand currently holding price up). Once neckline is broken wait for a pullback and short - this of course means we long XXXUSD - for those who understand correlation.
NB: No confirmation, no trade! Patience Pays!
Good luck and Happy Trading.
NB: No confirmation, no trade! Patience Pays!
Good luck and Happy Trading.
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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.
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.