Focusing on recent activity, starting 02/02/2017, this pair has been in a very strong downtrend. I usually trade when price bounces off the trendline but I have seen enough confirmation to believe I could potentially go LONG to the trendline. Price has hit my daily support and has formed a hammer candlestick formation.
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.
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.