We have seen bearish momentum from this pair for a few days now.
Now price sits at a clear level of support. What do we do?
For buys, we should wait for structure to shift to bullish, adding confluence and giving us confirmation to pick long entries.
For shorts, we need to see price break below this level. We remain bullish until there is a break close below the level.
Now price sits at a clear level of support. What do we do?
For buys, we should wait for structure to shift to bullish, adding confluence and giving us confirmation to pick long entries.
For shorts, we need to see price break below this level. We remain bullish until there is a break close below the level.