The pair is in a Downtrend.
M15 and M30 is overbought with divergence.
The only danger is the H4 double bottom which is also at the week low
However the trend is so bearish that we will take this with a tight stop loss of 30 pips.
M15 and M30 is overbought with divergence.
The only danger is the H4 double bottom which is also at the week low
However the trend is so bearish that we will take this with a tight stop loss of 30 pips.
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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.