WAIT AND SEE, Be careful of fake breakouts..4h

77
I would be careful with this pair in terms of any breakouts of channels to the upside, you can see only recently having a fake breakout and collapsing in price, even though we are approaching a key resistance level I would be still very bias to short side.

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.