To be honest, I probably will not enter the market at this point in time because too much uncertainty of which direction it will go.
There is a strong bearish candle on the 30M chart hence possible for the downtrend to continue.
What I will do now is to wait for the 1H or even 30M candlestick to see where does it close to determine my next course of action.
Do bear in mind that if we view this on the Daily timeframe, the big picture view is that this ccy pair is still in an untrend. What we can expect is merely a retraction to the support before the uptrend continues.
Do share with me your analysis too!
There is a strong bearish candle on the 30M chart hence possible for the downtrend to continue.
What I will do now is to wait for the 1H or even 30M candlestick to see where does it close to determine my next course of action.
Do bear in mind that if we view this on the Daily timeframe, the big picture view is that this ccy pair is still in an untrend. What we can expect is merely a retraction to the support before the uptrend continues.
Do share with me your analysis too!
Feragatname
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.