Based off fundies and technicals the H4 candle closed below the 78 fib I expect it to hold. Watch this H4 blue candle close below should be a good entry. Based off trend lines we should short. If you shorted near the top good entry i expected this to drop yesterday but I was passed out. Remember place entries off patterns I'm not that advance in trading so this pair got me a couple times today already. If anyone knows the H1 pattern it keeps doing its screwing me up so I'm done with this pair. I expect this thing to just drop out but there is strong support 78.460 area. As of now I'm watching price. overall Neutral about the pair.
If anyone has anything else to add or advice i'd appreciate it. I basically use candle indicators patterns trend lines and fibs. last week i did good on this pair and somewhat till today haha.
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.