As the chart shows us, we've been trending down on this pair for months now.
Price started forming some bullish moves, but it seems that the counter trend has ended with the last candle closing as a bearish engulfing.
Now, I'd be waiting on a pull back or retest of some key resistance levels to take sells on this one.
This trade setup could provide 400 pips, and 10% for us.
If this idea made some impact, please like and follow us for more updates.
Price started forming some bullish moves, but it seems that the counter trend has ended with the last candle closing as a bearish engulfing.
Now, I'd be waiting on a pull back or retest of some key resistance levels to take sells on this one.
This trade setup could provide 400 pips, and 10% for us.
If this idea made some impact, please like and follow us for more updates.
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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.