Hi fellows, We are looking for big wave to the downside on this pair. It looks like price is trying to form the top now and building nice price action on lower time frame. We have already seen impulse and TCP and price is forming an other TCP on 4hr time frame. Wait and watch for TCP before any sell. In case price do not form TCP on 4hr and test the top again then look for sell from top. Watch for stronger breakout of bullish trend. Good Luck fellows.
Note
Those fellows who are holding short term long stay in and watch price action at the top before any sell. What it can do it can break up if it breaks up sharply then we may see change in pattern formation. Currently it is rising sharply and also we are having some risk even ahead because of the german election. For Training visit.
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Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
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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.