There has been a strong push downwards weeks ago and this pair has just been consolidating...forming a bearish flag pattern. This is a long term trade and needs to be held for 6-8 weeks. The risk-reward ratio is very tight.
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.