Update: Haven't shorted this one, as there were no clear signal over the four-hour time interval. ----------------------------------------------------------------------------------------------------------
This is not a forecast or a trade, I am just highlighting the technical developments for the pair, trying to show you how i spot my trades. The pair rebounded sharply of the descending support for the potential falling wedge pattern. The price is currently retesting the previously broken major support, which should turn to a resistance now. and therefore, monitoring for bearish price action is a good idea at this resistance, at least for scalping some pips, i.e. i will be looking for four-hour bearish candle such as a shooting star or a long-legged doji to initiate a short. I will be updating with a setup if materialized.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.