Hello to all of you,
My name is John Vasilopoulos I analyse currency pairs for individuals and companies If you interesting send me a message.
Here we have some key facts that we have to take a closer look. Firstly, identify the key sell zone that I have drawn for you
it is clear that the sellers would push the price lower. Also, this area work like resistance zone, the mainly fact is that from the price action analysis comes that the trend has not changed, we are on downtrend (the yellow circle in price action is the candle that gave to this pair the power to go where is now). Seconldy, I am looking for best entry, to pull the trigger and suggest looking for best risk management if you want to follow this trade. All in the chart, this is not the short term view, I expect this pair go little more higher and then back in hell.
Thank you for the reading
My name is John Vasilopoulos I analyse currency pairs for individuals and companies If you interesting send me a message.
Here we have some key facts that we have to take a closer look. Firstly, identify the key sell zone that I have drawn for you
it is clear that the sellers would push the price lower. Also, this area work like resistance zone, the mainly fact is that from the price action analysis comes that the trend has not changed, we are on downtrend (the yellow circle in price action is the candle that gave to this pair the power to go where is now). Seconldy, I am looking for best entry, to pull the trigger and suggest looking for best risk management if you want to follow this trade. All in the chart, this is not the short term view, I expect this pair go little more higher and then back in hell.
Thank you for the reading