GJ BUY TO BECOME A SELLER AT A LATER STAGE
LONG TERM BEARISH FLAG IN PLAY AND THE PAIR IS STILL IN THE CORRECTIVE WAVE IN FORM OF AB=CD PATTERN AN I AM EXPECTING IT TO REJECT ON THE 50% FIB ZONE OR THE 61,8% FIB ZONE. ON THE DAILY TIME FRAME PAIR WAS STRUGGLING ON A MAJOR ZONE OF RESISTANCE TILL THE WEDNESDAY DAILY CLOSE WAS ABOVE THE RESISTANCE THAT CONFIRMS ONE MORE BULL MOVE TOWARDS THE FOLLOWING PRICES (162.962 & 165.5770) .
I WILL LOOK FOR MORE BEARISH CONFORMING SIGNALS ONCE WE'VE COMPLETED THE BULL CYCLE TOWARDS THE SELL ENTRY AREA
I WILL LOOK FOR MORE BEARISH CONFORMING SIGNALS ONCE WE'VE COMPLETED THE BULL CYCLE TOWARDS THE SELL ENTRY AREA
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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.