chart is extra busy on this one, higher time frame analysis would show that the pair is on a consistent uptrend, however a closer look at a pattern within a pattern could show us an opportunity to get in for a short term sell, the 1hr chart would show that a strong downtrend is happening, we're waiting to see an exhaustion and then find our entry on way back down, 1.82705, this would be the ideal entry but the difficulty is finding confirmation here for a continuation as a break of pattern could occur, wait for a show of sell momentum and weak wicks and green candles before entry, could see entry potential by late afternoon.. as always keep stop losses on and tp clear! good luck
Commentaire:
Commentaire:
closer look at the 15 minute chart and where a good entry could be considered on this trade, quick bar sketch on how it could play out if rejection occurs! all about that rejection