Price is heading down in long run, it recently broke below and retested the TL. Ideally, I would like price to create a stop raid to previous market structure before heading down. That could create a small up channel, therefore wait for confirmation before entering short.
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!
If you like my analysis, please click the like button. Also, make sure you follow me for updates.
Happy Trading!
Comment:
This pair had a bearish momentum as I expected. Unfortunately, it didn't give me the deeper correction I was expecting in order to sell.