Hi Traders!
I'm preparing to take a long on this pair. Definitely taking a lot of patience with it consolidating in between 1.14500 and 1.12800, but the weekly looks like it's setting up. I was thinking it could fill in a little more of the imbalance from the push up past 1.2800, but the candles aren't closing that way. In addition, DXY looks like it's about to drop more.
I have a few alerts set to see where I can get the best entry. If everything goes to plan I will be looking to swing this pair up to a weekly bearish CHOCH at 1.1700. Lets see! Good luck everyone!🤞
I'm preparing to take a long on this pair. Definitely taking a lot of patience with it consolidating in between 1.14500 and 1.12800, but the weekly looks like it's setting up. I was thinking it could fill in a little more of the imbalance from the push up past 1.2800, but the candles aren't closing that way. In addition, DXY looks like it's about to drop more.
I have a few alerts set to see where I can get the best entry. If everything goes to plan I will be looking to swing this pair up to a weekly bearish CHOCH at 1.1700. Lets see! Good luck everyone!🤞
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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.