the pair is in a downward channel but it has reached an important support level (which is also the low of the week) which has been tested multiple times. a sign that the support is strong. but we dont want to be buying in a downtrend. so we wait for break out of the triangle pattern before placing long.
NB: this post is for my personal record alone. I am not an investment advisor
NB: this post is for my personal record alone. I am not an investment advisor