The pair has been respecting double tops and double bottoms very well. Liquidity needs to be swept before the market can push higher but understand it may be ready to mitigate price below if the market breaks the channel. Bullish on higher timeframes. AS always, bear in mind your entries and exits and be patient. Risk management.
Note
Null.Market turned just before double top area. No trade, no loss. Looking to go long since liquidity is being grabbed.
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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.