On Daily,
This pair is going sideway for months. However, any time it reached the upper side of the box, it bounced back down. It seems Sellers are pretty strpong at that point.
On 1H chaart,
we can clearly notice a sharp "V" formation with a nice presize neck. (blue lines).
the target for bearish move can be around 1.12500.
This pair is going sideway for months. However, any time it reached the upper side of the box, it bounced back down. It seems Sellers are pretty strpong at that point.
On 1H chaart,
we can clearly notice a sharp "V" formation with a nice presize neck. (blue lines).
the target for bearish move can be around 1.12500.
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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.
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.