We see how have rallied to the upside after testing the support at 1.2800. Now price is at a very strong supply zone, and is more likely to start trending to the downside. We begin to have sell bias on this pair until it breaks above this supply area.
Following structure, look to take short positions when structure shifts on the lower time frames.
Following structure, look to take short positions when structure shifts on the lower time frames.
Related publications
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.
Related publications
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.