Riding in a rising wedge, this pair is showing great sign for a fall. Slightly forming a "Box-Like Pattern" we should expect a break from the bottom, most probably.
Looking at the weekly chart, It is currently in testing and displaying a shooting star candlestick formation . I am very bearish on this pair and would love to know your speculations.
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.