On Daily Chart,
Overall it's a bearish move. in the recent Bullish impulsive, it couldn't SO FAR, reach the previous high. this failiur so far, is the sighn of Bearish continuation. It seems it's creating Shooting star.
On 1 Hour chart,
it has created a "Rising Wewdge" which is the sign of reversal from Bullish to Bearish.
Just watch this pair and trade it as you wish. I will look for Bearsih reversal at the lower time frame.
Overall it's a bearish move. in the recent Bullish impulsive, it couldn't SO FAR, reach the previous high. this failiur so far, is the sighn of Bearish continuation. It seems it's creating Shooting star.
On 1 Hour chart,
it has created a "Rising Wewdge" which is the sign of reversal from Bullish to Bearish.
Just watch this pair and trade it as you wish. I will look for Bearsih reversal at the lower time frame.
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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.
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.