The analysis above is just my overall bias on the pair. Price has reached the bottom of the channel (also the completion of a harmonic wave) and is beginning print higher lows (indicating a possible uptrend). However, price is still struggling to break resistance (shaded grey area). I will be monitoring this pair for a LONG entry once resistance is broken. Entry will be based on a demand/TL/fibs. A smaller TF analysis for possible entry points will be posted soon.
Please feel free to comment below for any questions or suggestions regarding my analysis.
Thanks
MaiTrader
Please feel free to comment below for any questions or suggestions regarding my analysis.
Thanks
MaiTrader