Price have formed a cup and handle pattern on the daily timeframe. Currently it has broken out of the handle and also the neckline of the cup pattern.
Price is currently in an "overbought" condition and will expect a sell on the short term towards the daily order block (RTO) that broke structure or at any discount levels of the fib tool.
To go long wait for a pullback and a shift from bearish to bullish on lower time frame for a 3000+pips profit.
Price is currently in an "overbought" condition and will expect a sell on the short term towards the daily order block (RTO) that broke structure or at any discount levels of the fib tool.
To go long wait for a pullback and a shift from bearish to bullish on lower time frame for a 3000+pips profit.