The price had a breakout from the descending channel and created a rounded bottom above the weekly support.
on the 4h timeframe, the price is testing the 0.3$ resistance and the market is in a consolidation phase between the weekly and daily structures.
The price already retested a Fibonacci level of the 0.382 Fibonacci level
How to approach?
The price needs a...
Hey traders,
Been seeing a lot talk on the chat about this pair, so just wanted to give you my outlook as well. By the look of price action, its indicating to me bearish. There was a cypher on the Hourly timeframe that allowed me to enter short, however, we might see a push up higher before we get the continuation lower. Remember, to follow your plan and don't...
