Overall structure is bearish but we are nearly approaching the weekly low where we might see a reaction of the market. So for us to short this one we needed to have a bearish candle close below this low. Or to long this pair is to wait for bullish engulfing candle.
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.