It seems we have an opportunity to SHORT this pair for a wave 3 on the minuette time period.
Elliott wave count seems to point towards a wave 3 in bearish trend, together with a breakout from a corrective structure. RSI also suggests a continuation downwards as well as SMA suggesting a short entry now.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
Please do not trade this chart if you do not have your own strategy. Trade only with your own strategy.
Some very wise words: Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP ! :::::.....
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Elliott wave count seems to point towards a wave 3 in bearish trend, together with a breakout from a corrective structure. RSI also suggests a continuation downwards as well as SMA suggesting a short entry now.
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DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar.
Please do not trade this chart if you do not have your own strategy. Trade only with your own strategy.
Some very wise words: Plan your trade and trade your plan... and IF in doubt, stay out.
.....::::: If you like this chart, please click on the THUMBS UP ! :::::.....
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