the pair has indeed moved higher as expected, but more than I thought would be possible on a short-term basis. now we have reach near 18.7000 almost, and declined near 18.6000. We are trading above regression channel and this suggest caution, and since slightly overbought, think sell strategy might make sense at this moment in time.
Strategy SELL @ 18.6350-18.6975 and take profit near 18.4750 for now.
Strategy SELL @ 18.6350-18.6975 and take profit near 18.4750 for now.
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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.