This pair is now at the top of the trend channel, and could start having another swing down.
The R/R is good at the point for a short trade.
There is also some bearish price action showing on the recent few candles.
However, price is currently above both the EMAs. If price gets supported on the way down at these levels, then it may form a new base of consolidation for buyers.
I would look to go short, but continue to monitor the trade.
The R/R is good at the point for a short trade.
There is also some bearish price action showing on the recent few candles.
However, price is currently above both the EMAs. If price gets supported on the way down at these levels, then it may form a new base of consolidation for buyers.
I would look to go short, but continue to monitor the trade.
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Telegram: t.me/synapsetrading
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Twitter: bit.ly/2DLoV6X
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Free video tutorials: wp.me/P1riws-7uH
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Free trading signals: wp.me/P1riws-7E8
FB group: bit.ly/2zfCGXy
Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.