Previously i had identified a short opportunity on this pair while it approaching the end of its bullish run.
After reaching target I have found areas which show signs of bearish continuation and have found ways to reenter into this bearish move.
On the chart I am posting now, you will realize that the pair has created a series of bearish flags and another one is currently being formed. The flag is very close to resistance and has tapped the 78.6 fibbo region which is starting to provide more reasons for adding short positions and indicating that the breakout is near.
After reaching target I have found areas which show signs of bearish continuation and have found ways to reenter into this bearish move.
On the chart I am posting now, you will realize that the pair has created a series of bearish flags and another one is currently being formed. The flag is very close to resistance and has tapped the 78.6 fibbo region which is starting to provide more reasons for adding short positions and indicating that the breakout is near.
Nota
still holding this trade, hopefully this week our shorts will be come profitable
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.