LOOKING AT THIS AND I WILL BE:
-WAITING FOR THE PULL BACK ON THE TREND LINE
-LOOK FOR SHORTING POSITIONS AROUND THE 61.8 FIB ZONE
-USING THE MACD FOR DIVERGENCE UPON ENTRY
-SET TP TO PREVIOUS SESSION LOW
-SET SL ON PREVIOUS CEILING ZONE
OVERALL I BELIEVE THIS PAIR WILL BREAKOUT ON THE UPSIDE BUT THERE IS GOOD SELLING MOMENTUM LEFT.
-WAITING FOR THE PULL BACK ON THE TREND LINE
-LOOK FOR SHORTING POSITIONS AROUND THE 61.8 FIB ZONE
-USING THE MACD FOR DIVERGENCE UPON ENTRY
-SET TP TO PREVIOUS SESSION LOW
-SET SL ON PREVIOUS CEILING ZONE
OVERALL I BELIEVE THIS PAIR WILL BREAKOUT ON THE UPSIDE BUT THERE IS GOOD SELLING MOMENTUM LEFT.
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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.