To me, the pair may seem to be selling, but its actually being pushed down to discount area. I am looking for buying opportunities around the 1.25995 price level (H4 breaker highlighted on the chart).
Trade Smart
Komentar:
Looking at our barometer the EU, we notice a few things.
1. EU formed a high before forming a low.
2. Then the market shifted in character
3. GU has not formed a higher high but seems like it is going to break the lows making it have a failure swing.
So, if we close this week below 1.26913 level, Next week we shall be looking for sell opportunities and book profits at the 1.25797 area.
Trade smart
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
1. EU formed a high before forming a low.
2. Then the market shifted in character
3. GU has not formed a higher high but seems like it is going to break the lows making it have a failure swing.
So, if we close this week below 1.26913 level, Next week we shall be looking for sell opportunities and book profits at the 1.25797 area.
Trade smart