* Initial weekly analysis here, please see comment update for the daily time frame
* Weekly price is held resisted
* Current dominant bearish bar points to a clearer downtrend direction
* Weekly price is held resisted
* Current dominant bearish bar points to a clearer downtrend direction
Note
* Daily time frame shows multiple bars with higher wicks
* Buying pressure is not held up
* Short trade opportunity as pair fails to climb higher
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.
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.