This pair is probably one of the best shorts at the moment, with many bearish factors lining up.
Firstly, if you zoom out, you can see that it recently completed a bearish H&S reversal pattern, and after a successful breakdown, the price has now come back to test the breakout point.
Second, the breakout point is now a support turned resistance.
Lastly, prices are resisted by a minor bearish trendline and both the 20&50-day EMAs.
I am currently short the full size on this counter.
Good luck!
Firstly, if you zoom out, you can see that it recently completed a bearish H&S reversal pattern, and after a successful breakdown, the price has now come back to test the breakout point.
Second, the breakout point is now a support turned resistance.
Lastly, prices are resisted by a minor bearish trendline and both the 20&50-day EMAs.
I am currently short the full size on this counter.
Good luck!
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.
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.