The pair is in down trend form recent highs off the weekly top of the corrective structure and a lower degree breakout to the downside is expected now giving us an opportunity to go short.
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Commento
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Commento
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sell the breakout
Commenti
nahidik
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I believe you have it right. If this breaks and consolidates a bit below the HTF trend line I am in for a long ride south.
Good luck
piphunters
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thank you and good trading to you
Wave-Trader
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Nice setup bro i am agree with you i am also following this pair very closely and i am expecting wave down here are my post updates hope you will like it
piphunters
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yes agree, thanks for the views
Wave-Trader
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you are most welcome bro good luck
arif_awan
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great!!!
Traderr
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super
piphunters
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thanks
arif_awan
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Wave-Trader
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this idea was purely based on divergence on lower time frame Arif and there was short term buy setup on breakup but the bigger picture was against this setup i was expecting sell setup on break up.
Good luck