- There is been a high possibility that we will be experiencing a new wave of sells for the coming week I was going through this pair I see that it's been aiming to push up to give a third touch.
What would invalidate this trade will be a breakout and a continuation to the up side.
When I get a confirmation of a reversal on Lower time frame(4 hour) then that will be a confirmation of the theory(sells)
Look it gave a impulsive wave now its the correction. What has come is the next impulse wave of sells.
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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.