Cesar0101
thats my idea onthis pair he left a huge imbalance , i believe he will reach that embalance first then he go down .
he passed the resistance, but hit a very strong one on the 1-month chart, where he has already crossed support/resistance several times, he will probably now make his correction of the breakout, in my opinion I do not believe he will go up and pass the bullish point that created yesterday, I believe it will respect the resistance of the 1-month chart and a false...
I think he should go down and make his correction before going up again, he may be lateralizing a little to pull the rsi so that the rsi doesn't go down much, and then, yes, he should go up
he may be do the correction , but he can do shoulder head shoulder , or he just do perfect correction and will go up after that , what yall think?
two different scenarios that could come to pass, just waiting, but the pair has to make its de facto correction to continue rising.