Very bearish outlook on this pair
Daily shows us a bearish ascending channel
linked up with a double top now on the 4h we have a smaller acending channel
with what looks to be forming a possible H&S another bearish sign if price forms the next shoulder and shoots down to the neckkline
lets wait for a break of the neckline and then bearish correction to enter a short trade
Daily shows us a bearish ascending channel
linked up with a double top now on the 4h we have a smaller acending channel
with what looks to be forming a possible H&S another bearish sign if price forms the next shoulder and shoots down to the neckkline
lets wait for a break of the neckline and then bearish correction to enter a short trade
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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.