Good Day Traders! 👋👋
🔵 The pair is now testing a Major Resistance Zone. The next hourly candle could determine the possible movement of the pair.
🔵 Our bias is SHORT since there is a Bearish Divergence on RSI.
🔵 A Rejection Candle can confirm our bias and possible formation of Triple Top pattern
🔵 MACD is neutral
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Good Day Traders!
The pair broke out from the Bullish Flag pattern on intraday chart with a strong solid candle and big volume hence we can initiate a LONG position with TP on the Key Supply Zone
If you like this analysis, please support with your likes/comments and Follow me for future trend updates
Thank you!
🔵 The pair is now testing a Major Resistance Zone. The next hourly candle could determine the possible movement of the pair.
🔵 Our bias is SHORT since there is a Bearish Divergence on RSI.
🔵 A Rejection Candle can confirm our bias and possible formation of Triple Top pattern
🔵 MACD is neutral
👍🏻 If you like this analysis, Please support with your LIKES/COMMENTS
☑️ FOLLOW ME for future trend updates
Thank you and Good Luck! 🙏🙏
Good Day Traders!
The pair broke out from the Bullish Flag pattern on intraday chart with a strong solid candle and big volume hence we can initiate a LONG position with TP on the Key Supply Zone
If you like this analysis, please support with your likes/comments and Follow me for future trend updates
Thank you!
Trade closed: stop reached:
Break of Resistance. Switch bias to LONG