We see a clear downtrend on this pair. Price continues to create lower highs and lower lows along this trend and now we see price pulling back.
If price rejects this area and forms another lower high at this level, we should see some more sell sides. Patience on our part will allow to let this trade setup without the fear of missing out.
If price rejects this area and forms another lower high at this level, we should see some more sell sides. Patience on our part will allow to let this trade setup without the fear of missing out.
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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.