Hi fellows. this pair is in corrective wave and this corrective wave forming a flag patterns which is about to complete near the trend line. in case price break down the flag before hit the channel line then i will look for the break if break comes with sharp candles then i will look for sell on break.
Note
Watching price action under trend line if price break up the i will look for change in pattern and structure.
Note
Price is getting rejection from trend line if price retest trend line again look for short.
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.