the prices have still not broken the structure on the downside, so bullish price action can also continue, but we have reacted from a big supply zone, and if we look at the higher time frame, we are in the process of making LH and LL, so it can very well go downwards as shown in the chart, next week is going to be quite trending as some high impact news will be there related to this pair. So looks like a good money-making opportunity if traded with caution in this pair for the next week.
This post is just for educational purposes, not a trade idea.
This post is just for educational purposes, not a trade idea.
Comment:
looks like the second bearish case might follow and we can see further more drop in coming days