Our buy setup is confirmed, as you can see we hit the bottom of the bearish channel and we have a double bottom on our hourly timeframe. iThis bearish channel served as a correction. Thank you Lesiba Mothupi, Fx goats, Dr Martin for sharing your knowledge with us.
This pair is selling because we have a break-out on our supporting trendline, we have a reversal meaning the bears are gaining more power over the bulls. We also have a Double-Top as it indicates a reversal in the market. The setup is confirmed because we have a break-out and retest