The price plummeted from the top of the structure and broke out of an ascending structure with an impulse.
We have a continuation corrective structure after the breakout on the LTF. I am anticipating a short trade from here.
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.