There are all the signs that the pair is ready for a bearish move. Those who joined buys from last week's article and the suggestions there, can look to cash out now.
D1 - Triple cycle is completing at the moment.
We are at a very good resistance zone also divergence is here.
H4 - We see a bullish cycle with divergence. This is a great zone to start looking for sells!
Of course stick to your strategy, if there are no signals don't just jump into a trade.
Is it possible that we will see 1.11 or even 1.12 before any major pullback? Yes! That's why wait for confirmations and don't rush into trades for no reason.
You can use Forex Crystal Ball strategy for confirmation.
D1 - Triple cycle is completing at the moment.
We are at a very good resistance zone also divergence is here.
H4 - We see a bullish cycle with divergence. This is a great zone to start looking for sells!
Of course stick to your strategy, if there are no signals don't just jump into a trade.
Is it possible that we will see 1.11 or even 1.12 before any major pullback? Yes! That's why wait for confirmations and don't rush into trades for no reason.
You can use Forex Crystal Ball strategy for confirmation.