Hello Traders,
This pair has been on the uptrend for a while and now it's a good time to short. The price has broken down the rising channel and the higher time frames are showing divergence. Higher time frames show nice bearish candles with good volume. Important thing to note the reversal occurs near 1.27 EXT.
Good Luck!
Div on Daily time frame.
This pair has been on the uptrend for a while and now it's a good time to short. The price has broken down the rising channel and the higher time frames are showing divergence. Higher time frames show nice bearish candles with good volume. Important thing to note the reversal occurs near 1.27 EXT.
Good Luck!
Div on Daily time frame.
Trade closed manually
Price reached 61.8 fib and stalled. Waiting for the next move. Weekly candles forming an Evening Star.
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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.