Currently in a bearish market, looking for a rejection of support zone, past few hours we have seen multiple wick rejections. Oversold on the RSI Stochastic. Prior to entry, I will use the 30 minute TF with clear indication of Bollinger break.
Ultimately - I am looking to sell this pair should it reach key fib levels. Cautions to trade against the trend, but it may become valid.
Ultimately - I am looking to sell this pair should it reach key fib levels. Cautions to trade against the trend, but it may become valid.