We are at a weekly/ daily trendline low - looking like a good time to look for some upside on this uncommon pair for those interested in looking at something a little different this week :) Happy trading!
Note
Daily structure for reference - do we have one more up move? Note
nice move up - beginning of the daily breakout.. if you are not in a good flag correction/ or small structure below or above the upper 4h TL should form to give us another buy opportunity! Note
correction -- *beginning of daily breakout* should have been-- beginning of daily upside?Note
current move up is about at bigger trendline so may get a deeper pullback here.. but going well so far.. waiting to add on.. Note
short term sell set up for pullback before the next buy up -you may be able to sell this if you are a skilled trader, and can trade the lower TFs -
otherwise get the next buy..
Note
this is looking like a buy of this break may be a good idea Note
we can correct more and on the lower TF this has been messy, but we have now a nice looking EW flat structure completed we can see here.. THIS DOES NOT MEAN BUY NOW.. but now i am interested in looking for a buy set up.. as this looks pretty nice for completing a move back to the top of the bigger daily structure.. happy trading! Note
now on the 60 we have a nice move up and starting to get the correction/flag.. let this correction complete then buy the breakout of correction for the move back to the 4h line above (see previous update above) 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.