We have some indicators that gave us some directions on this pair,
on 1D is overbought signaling short, the falling trend line is broken,
but think it is a false breakout...
...but there is a also danger of forming of 50(MA) + 200(MA) Golden Cross
that meens upward monumentum...
...my opinion is this is not gona happen the price is too far away from the cross
and so on...
The risk reward ratio is great, market is unpredictable so please make a
good money management like @Technician or @DLavrov and your future is bright :)
Nice weekend traders, wishing you all the best, not just in market...
on 1D is overbought signaling short, the falling trend line is broken,
but think it is a false breakout...
...but there is a also danger of forming of 50(MA) + 200(MA) Golden Cross
that meens upward monumentum...
...my opinion is this is not gona happen the price is too far away from the cross
and so on...
The risk reward ratio is great, market is unpredictable so please make a
good money management like @Technician or @DLavrov and your future is bright :)
Nice weekend traders, wishing you all the best, not just in market...