Hi Traders,
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
Hope you all are doing good!
This is my idea about this pair, please do your own analysis before opening a position.
Please give comments or likes if you agree on the idea or if it is helpful.
The findings:
1) on Weekly Chart, the pair has already formed a double top and now going down slowly.
2) There is exhaustion gap visible before making the double top which is likely a case of trend reversal.
3) The pair is in descending triangle.
Conclusion: Pair most likely to go on down trend except the fact that currently SHORT positions are more than LONG positions in the market and hence it may take a little correction before making a proper move downside.
Trade chiuso: obiettivo raggiunto
Target Reached ...Hope you guys enjoyed...Please like and follow.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.