This pair has been respecting and playing around yellow area support/Resistance. I am hoping and expecting it will continue with this and start to fall back to lower trendline. Besides the support resistance area I have noticed a bearish flag pattern and is also around a key Fib level.
Price is currently in the a fourth wave of the Elliot wave principle and expecting it to complete the fifth wave. I will only enter if a see a reversal candle from Daily and Weekly Timeframes and if resistance was respected.
Price is currently in the a fourth wave of the Elliot wave principle and expecting it to complete the fifth wave. I will only enter if a see a reversal candle from Daily and Weekly Timeframes and if resistance was respected.