seeing that the RSI is saturated and diverging, there is a possibility that the price will return for a correction. there is an opportunity to take profit on a short position with a possible 500pips
Its Monday & Already The Markets Are In A Giving Mood... Trend Continuation With This Pair Offers AN Ideal Opportunity To Go Long... TP 1$2 Indicated By Dotted Lines & SL Indicated On The Chart Or You Can Yours At The Very Lowest Point of This Pair's Lat Move Down.. Happy Trading!!!11
Price had broken down inside my trendline which is my C set-up represented with the structure/zone. price also seems to have made a head and shoulder pattern. 3 confluences buh still probabilities. Lets see
probabilities 100. I'd be looking for confirmations to short
If my trend line holds as a resistance then i'd looking forward to short.