Hi Traders,
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
İşlem kapandı: hedefe ulaştı
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Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.