The pair has been in a downtrend since September 2017, and may be nearing a concentrated area of resistance and support.
Watching for future Bullish pattern confirmations, into a clear uptrend before taking a long trade. The more bull patterns that simultaneously form the better :)
A breakdown of the lower channel/support line is still possible
Likely to become range bound for a period
Currently committing to short opportunities
Watching for future Bullish pattern confirmations, into a clear uptrend before taking a long trade. The more bull patterns that simultaneously form the better :)
A breakdown of the lower channel/support line is still possible
Likely to become range bound for a period
Currently committing to short opportunities
