Looking at the AB=CD pattern completion, it is more likely to break to the lower side.
But this doesn't mean that the pair will trend down.
Let's wait how it will break the channel and we trade accordingly.
Good Luck!
But this doesn't mean that the pair will trend down.
Let's wait how it will break the channel and we trade accordingly.
Good Luck!
Note
Still Bouncing inside the channel. No action yet.
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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.