this pair has formed and ascending channel on a higher timeframe
and formed also a double top
so now we're waiting for this pair to hit the down trendline of the channel so we can look or a long position on a lower timeframe
once the channel is broken and the candle lose below the last touch we will enter a short position also targeting take profit on 0.76 fib retracement
Follow for more
and formed also a double top
so now we're waiting for this pair to hit the down trendline of the channel so we can look or a long position on a lower timeframe
once the channel is broken and the candle lose below the last touch we will enter a short position also targeting take profit on 0.76 fib retracement
Follow for more
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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.
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.