What do you call a three legged cow?...Lean beef🤣🐄
Now lets get into. There is a lot of momentum here for the sell. As its still selling from the 'M' formation. Before I sell I'll wait for price to break and retest the 33950 level and sell it down to the next level. You can see price making lower highs and lower lows.
The only way I would buy this pair is if...
Time flies like an arrow; fruit flies like a banana 😂
This week I am a bit bias for sell because of the 'M' formation that price is forming. However, it has done a similar pattern in the past before and not sold.
What verifies the sell for me is the break and retest of the 34300 level (highlighted orange) which would be the neckline of the 'M'. I see an...
Again, I am choosing to wait. I got in for the sell as you can see where I marked out because i waited for price to break and retest the blue line where I entered.
Before I get into my next trade I will wait for price to reach my key areas marked out as a blue or black line.
No Bias just react.
Buy if I breaks and retests the blue
Sell if it breaks and retests...
I am waiting to see what price will do tomorrow.
BUY IF: Price breaks and retest the trend line, around 34800 level
SELL IF: Price breaks below 34725 level and comes back to retest it
