Although I am very bullish on this pair, I believe we are do for a pullback soon, if it hasn't already started. We hit some support, 50% fib, and a pretty strong trend line. I am looking for a short setup at this point for a nice pullback, then a long setup to follow. Just my thoughts, definitely not trade advice.
Note
Well as you see price continued right to my long target area, as well as filled the gap. I am definitely expecting some retracement soon. Although I still have a longer term bullish bias
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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.