Mainly this pair is having a strong bearish trend we could appreciate in the graph two options based in wave theory. The first an ABC correction and the second one a complete 5 waves. We now are near to the end of the C or 3 wave. The prices at this area plus the coming news give us a good idea of what could happen.
DONT BUY UNTIL THE INVALIDATION LEVEL
At the moment there’s no confirmation for going long we need to wait for the invalidation level.
And also we could take a short position in the 38,20% by Fibbo
As always good luck 🍀
DONT BUY UNTIL THE INVALIDATION LEVEL
At the moment there’s no confirmation for going long we need to wait for the invalidation level.
And also we could take a short position in the 38,20% by Fibbo
As always good luck 🍀
