The pair has broken out of the daily corrective structure after reaching the weekly top and it looks good to short the pair towards the bottom of the weekly corrective structure and then anticipate a larger degree breakout to the downside and resumption of the down trend starting with an impulse.
Note
IMPORTANT: The setups posted here are not trade calls and are intended for informative purpose only and you should use your own strategy to determine an entry. I am unable to post everything here on Trading View, if you would like to get all my setups together with exact entries and exits with please visit thepiphunter.com and subscribe.Note
Note
short opportunity
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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.