Price is at great Short value at this point. its at a Daily Descending Channel Resistance and price is testing this level in a very corrective manner. As we look closer into the smaller timeframe, we can see a Ascending Channel and within this Ascending Channel, we may have a potential Double Arc Top at the top of the Daily Outer Structure.
Perfect time to try for a Short. this is a risk entry, alternatively we can wait for a impulse, correction confirmation and enter from there but the only risk is that it may not happen.
its just another trade on everyone favourite pair.
Perfect time to try for a Short. this is a risk entry, alternatively we can wait for a impulse, correction confirmation and enter from there but the only risk is that it may not happen.
its just another trade on everyone favourite pair.