people ask me why long on this pair?
we have mainly 3 elements here on the short term frame.
an ABCD setup, currently on development of the CD wave
rejection of 78% fib level
a bullish flag pattern breakout
in the long term we have a parallel range channel ( as detailed on latest post) price will reach eventually the zone of 0.69000
in this zone we will continue the downtrend
we have mainly 3 elements here on the short term frame.
an ABCD setup, currently on development of the CD wave
rejection of 78% fib level
a bullish flag pattern breakout
in the long term we have a parallel range channel ( as detailed on latest post) price will reach eventually the zone of 0.69000
in this zone we will continue the downtrend
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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.