Are we seeing bears break out of this pair finally? Has been sitting below a 4hr, 78.6 Fibonacci line and finally came and wicked it with momentum switching in lower time frames. Enter this pair with structure break. Take profits on ALL trades when you see momentum switched in lower time frames, even from now on.. Don't let your trades just ride out, affirm your money and spend hours in these charts to see the results you DESIRE.
This analysis not include personal feeling/opinion, and pure base on
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.