Hi Folks:
Here's my view on this pair. Currently trading inside a descending channel and price hit the resistance trendline.
Unless we breakout we should consider shorting.
Mind that we are trading now above main Moving Averages and hence we are in bull's territory and have to be careful.
Cheers.
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Here's my view on this pair. Currently trading inside a descending channel and price hit the resistance trendline.
Unless we breakout we should consider shorting.
Mind that we are trading now above main Moving Averages and hence we are in bull's territory and have to be careful.
Cheers.
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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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.