Currently I see that this pair has a little bit room down left for the completion of the falling wedge. Also we have a BIG weekly bullflag. I don't see any divergence on weekly for reversal confirmation so I will wait patiently for this one.
Actually there IS bullish divergence on the monthly.
Here is the daily chart which shows why I don't want to long here this early. It has broken out of the rising wedge, which also could be seen as a bearflag.
Said this all my long is pending at 0.735 with a SL at 0.72 for at least the completion of the inversed head and shoulders at 0.9 area.
Actually there IS bullish divergence on the monthly.
Here is the daily chart which shows why I don't want to long here this early. It has broken out of the rising wedge, which also could be seen as a bearflag.
Said this all my long is pending at 0.735 with a SL at 0.72 for at least the completion of the inversed head and shoulders at 0.9 area.
