Good day traders, i hope you have all been well. Lets get into it. So as you saw with my previous upload i basically said that the Bears are getting ready to take over, meaning Sell XXXUSD. That being said because of reasons such as pair correlation and technical analysis as shown in the image above price is currently at a strong Support level indicated by the blue zone and we can see the kind of rejection we had last time price was at this Support so we can expect the same again. So please understand that this is just a layout of where i believe price is heading, it is up to you to find entries that accommodate your accounts, advice to capitalize on the Buys.
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.