After the Brexit news all the pairs are consolidating after a huge move, we are looking at a potential channel forming up for some time, in this case we have a structure based opportunity, if the price continues its move to the down side into the major support around @0.69835
If it does comes down, we will be waiting for some reversal patterns to form, so we can get involved in this market, and hoping for the RSI to get oversold.
This is a simple trade to take, not too much analysis
Thanks,
CortesTeam
If it does comes down, we will be waiting for some reversal patterns to form, so we can get involved in this market, and hoping for the RSI to get oversold.
This is a simple trade to take, not too much analysis
Thanks,
CortesTeam