Hi All,
Updated analysis on this pair. Further studies shows we are still very much inside an rectangle range from Dec 2013 till Date April 2021. Price Broken this range only in 2014-2015 and ever since price has been stuck inside the range with Buyer and sellers battling out. I'm on the Bearish Camp and have been since Early 2021. If our forecast is accurate then by 2022-2023 Price should test the bottom of the range and with that said we are happy to open our portfolio to trade this forecast.
Entry and Sl Marked FYI However adjustment would be necessary only when price break the range and retest the range !
Many Thanks
Updated analysis on this pair. Further studies shows we are still very much inside an rectangle range from Dec 2013 till Date April 2021. Price Broken this range only in 2014-2015 and ever since price has been stuck inside the range with Buyer and sellers battling out. I'm on the Bearish Camp and have been since Early 2021. If our forecast is accurate then by 2022-2023 Price should test the bottom of the range and with that said we are happy to open our portfolio to trade this forecast.
Entry and Sl Marked FYI However adjustment would be necessary only when price break the range and retest the range !
Many Thanks
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Hi All,
Updated charts for your information
Updated charts for your information
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Weekly
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We are still very much on the bearish camp on this pair and we have added our last position on the pair till 2022!. Goodluck.
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