On this Pair we are at the 5th wave which should have the market melt down to the next Daily support level. The environment is still bullish for the moment on a 4H timeframe so we need to wait for the market to break the previous resistance turned support and then we can look for an opportunity in shorting the market on the retest of that level with a good R/R of 1/3.60.
If you enjoyed this analysis make sure to like and subscribe. Also if you have a different opinion please comment below as I would love to have some more insight on this pair.
Thanks, and have an amazing trading week. Trade safe !
If you enjoyed this analysis make sure to like and subscribe. Also if you have a different opinion please comment below as I would love to have some more insight on this pair.
Thanks, and have an amazing trading week. Trade safe !
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