After a monster rally this pair is in consolidation mode, lets make a topdown approach:
On D1 chart we have a flag pattern, wich suggests trend continuation:
Last price actions shows a rebound of the low of triangle pattern forming an engulfing bearish candle. This make our main bias bullish.
Lets take a look a H4 chart:
Price has started a series of HH (higher highs) and HL (higher lows)
I will enter the trade on H1 chart to have a best RR ratio, i wil open a trade making an agressive C buy of a potential bat pattern.
Best regards.
On D1 chart we have a flag pattern, wich suggests trend continuation:
Lets take a look a H4 chart:
I will enter the trade on H1 chart to have a best RR ratio, i wil open a trade making an agressive C buy of a potential bat pattern.
Best regards.