Hello Traders,
This is the daily chart

A broken bullish and a bearish channel.
regarding the current chart we could see that the bullish leg in bearish channel is broken and a new shorter-term bearish channel has been formed. I'll short the pair after confirmation to somewhere around the zone and coincide of middle of bearish channels.
This is the daily chart
A broken bullish and a bearish channel.
regarding the current chart we could see that the bullish leg in bearish channel is broken and a new shorter-term bearish channel has been formed. I'll short the pair after confirmation to somewhere around the zone and coincide of middle of bearish channels.
Note
Weakness Observed!Note
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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.