i believe this pair is going to move down. my analysis is based on wave analysis. keep an eye for this price action.
more downside on the way. trade with caution. this chart is showing *to me* momentum short. i dont think itll push higher until we break recent lows.
currently the setup im involved in. took a long play on previous trade published for some shortterm upside before that short setup. this is how i look to trade. this set up feels good. lets ee how it works and ill trail my stops if price moves in my favor.
waiting on the setup to develop. if price action rejects the upper zone ill enter on a candle stick pattern close to the downside. again waiting to see if my ideas play out before entering a trade. only a possibility at the moment.
if i get the engulfing candle i will enter. hopefully this will play out for me. i have to write more stuff to publish.
your call.. these considerations are legit. this is a great possibility in my opinion