Probably, approach this pair short when the price shows weakness on the resistance of the channel.
Currently, a buildup on the resistance level is formed. Watch out for a potential breakout above the zone as the price continues to retest this area for the third time.
High possibility for a reversal on this pair. The bullish trend showed some weakness thru the bearish head-and-shoulders pattern and a breakout below the support.
A bearish head-and-shoulders pattern has already been printed. Currently, the price break out below the support and already retested the key level.
The price is currently near the support level of the channel. If it breaks the minor key level, the price might continuously push up to the resistance level of the channel. Always wait for your entry trigger!
Looking at last weeks analysis! This is what the team's outlook for the current trading week is! Push down, followed by a small consolidation with a push up starting at the beginning of next week.
Third attempt today to place some winning trades. Thankfully this time I seem to have taken the peak and should be good from here. Some basic technical and my trade lines drawn on. Lost $250 ish today. Still working with 50k lot size. Aiming for a large level profit once we touch down on green again :)