Hello guys, hope you had a great weekend.
As we can see there is a nice falling resistance trend-line over head pushing the price lower.
this resistance provided us with two strong signals to the downside for the upcoming week!
also the price formed a bearish flag and we're looking for a break and retest to short this pair.
one more important this (the measured move) is an unfinished business for the bears , it has to reach the target sooner or later
as long as the price below the red trend-line we're bearish and good to take several successful short trades
trade with care .. good luck
As we can see there is a nice falling resistance trend-line over head pushing the price lower.
this resistance provided us with two strong signals to the downside for the upcoming week!
also the price formed a bearish flag and we're looking for a break and retest to short this pair.
one more important this (the measured move) is an unfinished business for the bears , it has to reach the target sooner or later
as long as the price below the red trend-line we're bearish and good to take several successful short trades
trade with care .. good luck