Reversal starting?
At this level there is nothing do than short this pair. Now it broke that daily TL and retested it. We have a H&S formation Sell BO of the neckline or the retest of the broken structure to be more safe.
Note
Hello guys!We didn't get our close below the structure and the USD showed lots of strength today. We have a higher high and that invalidate the idea. I am still watching for a shorting on this pair but not based on this idea anymore.
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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.