Taking a look at the 4hr chart, RSI is showing signs that the bullish momentum is starting to fade with the bearish divergence. In the event we get a 4hr candle that closes below the last, I'll be looking to start scaling some short positions with this pair.
Trade Safe - Trade Well.
Trade Safe - Trade Well.
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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.