Hello Guys
I hope that you have followed my last chart on this pair where i was showing the consolidation channel.
This is pair has shown bearish behaviour last week and now at an interesting point.
Currently, it is battling 0.7 fib level. If broken this will confirm that this pair is going for the much longer correction to the next fib level.
Look out for this level and once broken, just wait for the reversal to the same trend line and open short with confidence :)
Best of luck
I hope that you have followed my last chart on this pair where i was showing the consolidation channel.
This is pair has shown bearish behaviour last week and now at an interesting point.
Currently, it is battling 0.7 fib level. If broken this will confirm that this pair is going for the much longer correction to the next fib level.
Look out for this level and once broken, just wait for the reversal to the same trend line and open short with confidence :)
Best of luck