This pair is bearish atm and I have identified the zone in which I will be looking for my next entry - IF it gets there. The below are all present in or around this zone :
200 EMA
Trendline
Fibonaccis (big cluster present)
0.75 Level
Massive structure to the left (follow the ray) off which big bounces have occurred.
RSI may possible be overbought upon arrival into zone.
Predicting a big move down from here
200 EMA
Trendline
Fibonaccis (big cluster present)
0.75 Level
Massive structure to the left (follow the ray) off which big bounces have occurred.
RSI may possible be overbought upon arrival into zone.
Predicting a big move down from here
Comment:
Might be a long opp with these 2 patterns forming inside the structure atm
