In daily time frame, this pair is in a strong down-trend.
In 4 hour time frame, price was rejected by the trend-line.
In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction.
So we are going short on this pair.
In 4 hour time frame, price was rejected by the trend-line.
In 1 hour time frame, price is in a down-trend and broke it's correction flag pattern, after completing a 5 waves of correction.
So we are going short on this pair.
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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.