The instrument is clearly in a BEARISH momentum. On H4 time frame, it is trading nicely inside a falling channel and recently broke below a key zone then went on to test the bottom boarder of the falling channel. I'm looking for short term LONG opportunities from this area up to a minimum of the previously broken key zone before continuing the bearish movements.
Please do your own analysis before placing any trades.
Cheers and happy trading.
Please do your own analysis before placing any trades.
Cheers and happy trading.
