This pair have been moving down for a long time but within the down trend there are up swings and this is what we've been waiting for. Looks like there's finally a fundamental move to hopefully initiate the next upward leg.
If you're conservative then wait and buy on any pullbacks, or if not enter long now and hold.
If you're conservative then wait and buy on any pullbacks, or if not enter long now and hold.
Trade active
Slow pullback over the past few days with a nice impulse move this morning, hope you managed to get in at some point over the last few days. Let's see if the impulse (via cpi data) this morning is enough to get some traction upwards Note
Nice push down this morning, opportunity to add to longs as price looks like it's having a clear out before heading north. It could go further south but that's an opportunity to add to our position assuming you're risking correctly with your position sizes. Note
Getting some traction now finally...
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.
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.