Hello Traders,
I'm looking into short positions on this pair, however there is a chance we push to the demand zone. Let see.
In short favorite we have:
1) RFI is overbought on the daily
2) Cypher patter can be formed
3) Trend line + fork line
4) Close to the demand zone
5) Strong rejection of trend line and need to come back to SMA.
Lets see how it goes =)
I'm looking into short positions on this pair, however there is a chance we push to the demand zone. Let see.
In short favorite we have:
1) RFI is overbought on the daily
2) Cypher patter can be formed
3) Trend line + fork line
4) Close to the demand zone
5) Strong rejection of trend line and need to come back to SMA.
Lets see how it goes =)
Comment:
We are in reversal zone + middle of the fork...lets see
Order cancelled