The price is bouncing inside a bearish channel formation where we have a downward movement. A higher correction could be seen to the higher end of this channel. The sellers will join the impulsive wave to the downside after the pullback near the trend line resistance. ------------------------------------------------------------------------------------- Trade Idea:
Sell Limit Order @ 0.7371 Take Profit @ 0.7342 Stop Loss @ 0.7386
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.