I keep milking this pair like a cow that's in my barn....
Well, I think I've had like, 3 trend continuation setups all week that fit my rules, all of them worked out and were profitable. I don't see the downtrend ending anytime soon.Let the good times roll. All we need is a reason to get involved. Hitting and running on this pair has been working out.
Yet again, we see a trend continuation set up AND a well well well, looky here; a bearish cypher pattern forming right at the daily resistance level. Imagine that. You can play this as a pattern trade with two contracts, OR a simple trend continuation trade with TP at the low with follow-ons at the 1.27 extension. The choice is up to you!