We are approaching a great swing long opportunity.
What we should see is a slight retracement down followed by a move to the upside.
This pair is extremely bearish, this will give you an opportunity to short the pair first from the boxed zone.
Marked on the chart is the swing long opportunity, this could be a great long for swing traders but, even if you don't swing trade a RIP should come from this level, 30-60 pips then see how far it goes.
It could come back for a retest but a nice pip capture on the short and long is avalible
What we should see is a slight retracement down followed by a move to the upside.
This pair is extremely bearish, this will give you an opportunity to short the pair first from the boxed zone.
Marked on the chart is the swing long opportunity, this could be a great long for swing traders but, even if you don't swing trade a RIP should come from this level, 30-60 pips then see how far it goes.
It could come back for a retest but a nice pip capture on the short and long is avalible