I know this pair looks very bullish right now, but it has reached 61.8% level, in daily timeframe there is continuous divergence, beside some structures in the left, I will watch this pair closely
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This pair reverses exactly at 61.8% level, with a new divergence in H1. i won't rush into this trade, wait for more confirmation, i hope it will break the trendline desicively, will look to short the pullback
Maybe your idea will work out just perfect:) Aiming for 120.00 on downside?
LingYan
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@Mairita, Hi Mairita, still wait for more confirmation, but i do notice in H1 it forms a new divergence, if it falls there is quite a lot of room for downside.