A double top with bearish divergence has been observed on this pair, which provides a strong evidence of trend reversal. Will the trend actually reverse ? Safe entry should be to trade with a sell top of the breakout of the previous Higher Low.
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.
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.