Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Great analysis as always....but i want to ask isn't it possible for the price to break the upward structure and continue in an uptrend?
transparent-fx
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@Cris007, everything is always possible, react don't predict
UnknownUnicorn6061584
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if current support holds the price that situation might turn not to be bad
nathanmckenna
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I'll be following this for sure. Looks strong.
I know you didn't mention the golden cross, so it might not be in your analysis. That said, last time we hit a golden cross we immediately dropped by 10% (and then of course, the rally came). This just adds to your prediction.
So, this could be the last short for a while.