Overall trend is obviously bearish.
Nice bullish pin bar formed at support but I'm not buying as I don't trade counter-trend. Further, the potential 2x RR not there with key resistance zone nearby around 0.7440.
This pin bar may fuel price to rally up to the potential sell zone. That is where I will be interested to short this pair.
Nice bullish pin bar formed at support but I'm not buying as I don't trade counter-trend. Further, the potential 2x RR not there with key resistance zone nearby around 0.7440.
This pin bar may fuel price to rally up to the potential sell zone. That is where I will be interested to short this pair.