As the the market depicts, we have a bearish divergence on daily TF. Furthermore, we do have imbalance(Redbox) which situation resulting from an excess of buy or sell orders for a specific security on a trading exchange, making it impossible to match the orders of buyers and sellers. In the fullness of time, shorting on this pair with high probability set-up could be a marvelous trade.
Trade closed manually
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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.