D1 - We have strong bearish momentum, the price has broken below the uptrend line and is holding below it.
Expecting new low to be created.
H4 - There are two possible scenarios here:
1. The price might continue lower directly from the current zone.
2. Or alternatively, the price might continue lower after small retraces.
This or the other way around my view remains bearish here.
Expecting new low to be created.
H4 - There are two possible scenarios here:
1. The price might continue lower directly from the current zone.
2. Or alternatively, the price might continue lower after small retraces.
This or the other way around my view remains bearish here.
Note
The price moved perfectly as per my analysis in this pair!
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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.