Hello Fam,
I'm here again with an update on this pair. I was thinking that this short move will happen earlier but guess what, the market makers showed that they are not ready. Hope you guy didn't short just yet as the market is not even ready based on structure. Anyways, in the chart you can see my outlook of this pair. if the market breaks that zone, I will be going for the kill but we need to see the market change structure.
I will keep you posted when I decide to place my limit order.
Regards,
David
I'm here again with an update on this pair. I was thinking that this short move will happen earlier but guess what, the market makers showed that they are not ready. Hope you guy didn't short just yet as the market is not even ready based on structure. Anyways, in the chart you can see my outlook of this pair. if the market breaks that zone, I will be going for the kill but we need to see the market change structure.
I will keep you posted when I decide to place my limit order.
Regards,
David
