This looks like fighting so hard and on larger timeframes making bearish divergence.
See the weekly chart for example
I think we get a nice short opportunity soon if it breaks out the rising wedge. Always good to wait for a retest of the wedge and to short there. This pair I will monitor again for the big move it might give us again.
See the weekly chart for example
I think we get a nice short opportunity soon if it breaks out the rising wedge. Always good to wait for a retest of the wedge and to short there. This pair I will monitor again for the big move it might give us again.
Comment:
Wedge was retested and price is refused to get back in, nice double top made there.
Trade closed: target reached:
Falling wedge in uptrend, I'm out!