Resistance trendline hit
Hi Folks:
Here's my view on this pair. Currently trading inside a descending channel and price hit the resistance trendline.
Unless we breakout we should consider shorting.
Mind that we are trading now above main Moving Averages and hence we are in bull's territory and have to be careful.
Cheers.
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Here's my view on this pair. Currently trading inside a descending channel and price hit the resistance trendline.
Unless we breakout we should consider shorting.
Mind that we are trading now above main Moving Averages and hence we are in bull's territory and have to be careful.
Cheers.
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.