We see the following patterns:
1. Bearish Butterfly
2. Supposedly False Breakout
3. Ascending Triangle that normally shows trend continuation, but in above case, it happened with low volumes.
We are taking small SHORT position from the current level and later add more SHORT positions up on break of triangle.
Let's Watch !!
High Risk Trade !!
1. Bearish Butterfly
2. Supposedly False Breakout
3. Ascending Triangle that normally shows trend continuation, but in above case, it happened with low volumes.
We are taking small SHORT position from the current level and later add more SHORT positions up on break of triangle.
Let's Watch !!
High Risk Trade !!
Trade active
We are still bearish on the pair ..Trade active
Sell @ break of ascending triangle or 20 periods moving average...
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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.
Related publications
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.