Price reacting to a reversal zone drawn up with good old Fibs. Nice momentum to the downside now & it could be a big trade.
Indicators showing over bought too which supports the move down. We also have Diversion on the MACD.
To play it safe, I would suggest waiting until you get a bearish flag which may happen on the next trend line that it's heading towards.
I'm already short on this pair so holding my position & this could potentially be a big trade as i'm bearish from the higher time frame. Good luck :)
Indicators showing over bought too which supports the move down. We also have Diversion on the MACD.
To play it safe, I would suggest waiting until you get a bearish flag which may happen on the next trend line that it's heading towards.
I'm already short on this pair so holding my position & this could potentially be a big trade as i'm bearish from the higher time frame. Good luck :)
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.
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.