Well we had a nice momentum boost and then GU got all bad news and we can see this pair is about to start turning itself back around. This does open up the door for sell opportunities within the next couple of hours. So we can see a bearish market so far, unless something changes it.
I feel like around the 12450 we will know for sure it’s in a downtrend but it’s a good start to see if it will follow the news.
I feel like around the 12450 we will know for sure it’s in a downtrend but it’s a good start to see if it will follow the news.
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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.