This pair has been on a long-term downtrend, and recently had a pullback to the 20&50-EMAs.
After observing some bearish price action, there is a very good chance that the downtrend will resume.
This means now is a good opportunity to initiate a low-risk short position.
Good luck!
After observing some bearish price action, there is a very good chance that the downtrend will resume.
This means now is a good opportunity to initiate a low-risk short position.
Good luck!
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Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X