DAILY TIMEFRAME
- We have seen some rejection off the trend line on the most recent daily candle, I would be looking for a pullback up to the 'Golden Pocket' area of the fib, and rejection of the 50 EMA. If we get this, I will be looking to be shorting this pair, potentially long term.
- We have seen some rejection off the trend line on the most recent daily candle, I would be looking for a pullback up to the 'Golden Pocket' area of the fib, and rejection of the 50 EMA. If we get this, I will be looking to be shorting this pair, potentially long term.
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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.