Ending Diagonal pattern & was already bearish on this pair, so a perfect opportunity to get involved. I will wait for momentum to kick in & break the pattern to the downside then enter.
This pair is very over bought on both the 1 & 4 hr time frames which supports this trade.
I also have the current price in a sell zone between the Fib 50/618 on the 1 hr chart which is marked with a purple box. Good luck :)
This pair is very over bought on both the 1 & 4 hr time frames which supports this trade.
I also have the current price in a sell zone between the Fib 50/618 on the 1 hr chart which is marked with a purple box. Good luck :)