When we look at the chart we can see that there is a possibility of an shoulder head shoulder formation forming. If we get the break of the neckline we could consider to go short.
Please let me know in the comments what you think of it and share your idea for this pair also. If you like the idea, don't forget to give it a like. If you have any questions, feel free to pm me.
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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.