The Price is traded below the cloud, this indicates that the pair is in a downtrend mode.
So what's next? This is the opportunity to ride the trend. Just follow the trend.
If the price breaks the support level as shown on the chart, then i'm going to sell this pair. :)
So what's next? This is the opportunity to ride the trend. Just follow the trend.
If the price breaks the support level as shown on the chart, then i'm going to sell 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.