Overall trend in this market is down.
We can see rejections of the minor resistance in H1 as reflected with the long upper wicks. This also rejected 50% retracement of the recent downswing.
This looks tempting but I don't trade H1. Contented with just holding the existing two positions in this pair.
We can see rejections of the minor resistance in H1 as reflected with the long upper wicks. This also rejected 50% retracement of the recent downswing.
This looks tempting but I don't trade H1. Contented with just holding the existing two positions in this pair.