Trade Idea:
There is a possible trade that is starting to setup on this pair however we have to wait a little longer to see what happens. We either want price to respect the area of support and give us a bullish candle that closes above the 200 EMA for a long position or we need to see price break below this area of support and retest it for resistance before entering short. For now we need to be patient and wait for the setup to come to us.
Disclaimer:
This is my opinion on this asset at the time. This is not financial advise. Don't take this trade blindly, do your own analysis first before entering. Feel free to use this analysis to assist you with yours. Feel free to leave any comments you have. Good luck!!!
There is a possible trade that is starting to setup on this pair however we have to wait a little longer to see what happens. We either want price to respect the area of support and give us a bullish candle that closes above the 200 EMA for a long position or we need to see price break below this area of support and retest it for resistance before entering short. For now we need to be patient and wait for the setup to come to us.
Disclaimer:
This is my opinion on this asset at the time. This is not financial advise. Don't take this trade blindly, do your own analysis first before entering. Feel free to use this analysis to assist you with yours. Feel free to leave any comments you have. Good luck!!!
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.
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.