This currency pair has been making a stable wave pattern. Through my expertise in currency trading, I find BItcoin as the most predictive currency in terms of technical analysis.
There is a short trade in the one hour timeframe which gives up a great confluence as it is a perfect entry for the bigger trade. This idea will be valid when the larger trendline is broken. Good luck
There is a short trade in the one hour timeframe which gives up a great confluence as it is a perfect entry for the bigger trade. This idea will be valid when the larger trendline is broken. Good luck
Note
The market is still under a major consolidation. Wait for two big red candles before you make an entryNote
This Trade was not Taken. The Trendline was altered on consolidation
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Related publications
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.