If pair closes below ascending trend line, i can see a nice shorting opportunity.
**This is for guidance purposes only, please trade using your own analysis and rules.
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Price has closed BELOW ascending trend line. Will now wait for retest to confirm.
Trade active
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Starting to see some downward movement, if pair closes below 129.110(ish) mark, i could see pair shorting to 127.xxx or lower.
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Moving as expected. Waiting for retrace before we see another big drop. Potential for another sell or buy retrace...or both if you like to live dangerous.
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Aiming for around this area for a pullback before we start the movement down again.
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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.