A reversal on a smaller TF indicates that over the medium to long term, this pair is likely to go up in a corrective movement. I will look for a pull back on a trading TF to enter long. Please remember that this is on a weekly chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
