Hello traders, this is my end-of-trading-week prediction( not advice ofcourse )
Even though there are 2 continuous Sell signal at some important zone, you can go Short now for a RR:1.4 trade but i personally don't like the price action here:
2 sign signals continuously is too much for a downtrend: It feels like buyers are trying to break the down trend:
When buyers are gaining back their influencs in a downtrend: Sideway market. - Good time for sideway traders.
Next week we will have a better view on this pair.
Goodluck next weekdays guys
Even though there are 2 continuous Sell signal at some important zone, you can go Short now for a RR:1.4 trade but i personally don't like the price action here:
2 sign signals continuously is too much for a downtrend: It feels like buyers are trying to break the down trend:
When buyers are gaining back their influencs in a downtrend: Sideway market. - Good time for sideway traders.
Next week we will have a better view on this pair.
Goodluck next weekdays guys
Trade closed: target reached
Comment:
3/8: Selling is now able to enter
