This pair has formed an descending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close above the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
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so now we're waiting for a candle to close above the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
Follow me for updates and more trades
Please don't forget to give us your thoughts in the comment