To me, the pair may seem to be selling, but its actually being pushed down to discount area. I am looking for buying opportunities around the 1.25995 price level (H4 breaker highlighted on the chart).
Trade Smart
Bình luận:
Looking at our barometer the EU, we notice a few things.
1. EU formed a high before forming a low.
2. Then the market shifted in character
3. GU has not formed a higher high but seems like it is going to break the lows making it have a failure swing.
So, if we close this week below 1.26913 level, Next week we shall be looking for sell opportunities and book profits at the 1.25797 area.
Trade smart
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
1. EU formed a high before forming a low.
2. Then the market shifted in character
3. GU has not formed a higher high but seems like it is going to break the lows making it have a failure swing.
So, if we close this week below 1.26913 level, Next week we shall be looking for sell opportunities and book profits at the 1.25797 area.
Trade smart