I am counting 10 straight positive weeks for this pair. Momentum is powerful, so more upside could be in store, but the R/R favors a short position from these levels IMO.
My target is noted on the chart(green arrow). That is an aggressive target, however, I have found the big money is in the big swings, so I am willing to wait.
I will update this chart if I take a short position.
Please leave any comments below. I would like your thoughts.
My target is noted on the chart(green arrow). That is an aggressive target, however, I have found the big money is in the big swings, so I am willing to wait.
I will update this chart if I take a short position.
Please leave any comments below. I would like your thoughts.
Note
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Related publications
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.