(Be Careful) A trade AGAINST the UP TREND.
The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair up to the prior bottom and will take any reasonable upside pullback to sell.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
The current DOWN MOVE on this pair has started since 3 days with no signs yet appearing for the next UP MOVE. Accordingly, we are bearish on this pair up to the prior bottom and will take any reasonable upside pullback to sell.
MOVES Trading is a new strategy benefiting from both UP & DOWN MOVES with the ability to determine TOPS and BOTTOMS for each MOVE depending on moving averages, trend and price action.
Order cancelled
Price has moved 80 pips in our direction to the downside and bounced to the upside respecting the UP trend. Will watch if the prior top could be cleared by tomorrow or not.
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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.