The pair has been trading within a 1D Channel Down (RSI = 43.598, MACD = -0.004, Highs/Lows = 0.0000) since May that has been providing clear Sell (via Lower Highs) and Buy (via Lower Lows) opportunities.
4H is about to print a recurring bearish formation (Golden Cross into Death Cross) within the Channel Down pattern that has been a strong sell signal. We are taking this sell opportunity with TP = 1.2020 and 1.1700 in extension (if the price breaks below the Channel Down median (dashed line)).
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4H is about to print a recurring bearish formation (Golden Cross into Death Cross) within the Channel Down pattern that has been a strong sell signal. We are taking this sell opportunity with TP = 1.2020 and 1.1700 in extension (if the price breaks below the Channel Down median (dashed line)).
** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.