*** WARNING ***
This is not a trade advice. Trade at your own risk and follow your trading plan.
------------------------------------------------------------------------------------------------------
This pair will keep dropping a little more. After that we can expect a pivot point formation that might lead to a break of the wedge for more bearish momentum, or a correction before breaking below.
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!
This is not a trade advice. Trade at your own risk and follow your trading plan.
------------------------------------------------------------------------------------------------------
This pair will keep dropping a little more. After that we can expect a pivot point formation that might lead to a break of the wedge for more bearish momentum, or a correction before breaking below.
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!
Comment:
Here we have a possible selling opportunity. Once again, wait for the market opening and some price action before entering short.