Well, this pair broke the trendline and has came back to retest. Take LONG position after a BREAK & CLOSE above the mini resistance ( purple box).
Resistance level has been broken and there are bullish reversal patterns for added confirmatin
Woke up this morning to find this pair has broken the support level to confirm my sell signal.
After days of waiting for a clear signal from this pair, I can finally say that there is a high probability that it is going to short ONLY if a candle BREAKS or CLOSES within the purple box.
Well after waiting a while for the chart to break or close within the green box, the short signal was confirmed for entry Follow my page to get more trade ideas/signals
Wait for the market to break or close within the green box which represents a mini support to enter a short position. On higher time frames this pair has given out clear reversal patterns.
Well after the great fall that happened recently this pair started to show a loss of momentum around the area of diagonal support coupled with reversal patterns to give me a signal for a possible change in the direction.
These are the results of a trade I shared earlier. Follow my page for more trade ideas/signals. Let's grow together trading family
The chart has provided a breakout and confirmation on the 1hr trendline. Our entry signal is the retest and break of the mini resistance backed up by bullish reversal patterns.
Well this pair is in a high probability area for market movement, both bull and bears are still fighting for market position. As a technical traders we'll wait for clear reversal pattern on either side before taking up a position.