Been following the pair for a while now, waiting for the correction and there is a possible sell setup at the 0.618...
Will be keeping a close eye on this!
Will be keeping a close eye on this!
Note
Broke out of the original trend so a bigger correction is expected, no sell at the moment!
Note
Divergence is also in play but it still looks like there will be more correctionNote
Possibility for one more up, the previous 2 impulses were fast and there is no divergence so I am expecting one more up before the big impulse down
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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.