On daily timeframe, we have seen now that the price has hit a new high which was last seen in January 2018. Price has rejected once from the top, which means that the pair now will be stucked in consolidation move for at least another 2 weeks.
In the H4, we will see how price will move from here, but this could be a good setup with a good risk return ratio.
Lets see how the scenario plays out.
In the H4, we will see how price will move from here, but this could be a good setup with a good risk return ratio.
Lets see how the scenario plays out.