Hi Traders,
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
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Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.