LOOKING AT THIS AND I WILL BE:
-WAITING FOR THE PULL BACK ON THE TREND LINE
-LOOK FOR SHORTING POSITIONS AROUND THE 61.8 FIB ZONE
-USING THE MACD FOR DIVERGENCE UPON ENTRY
-SET TP TO PREVIOUS SESSION LOW
-SET SL ON PREVIOUS CEILING ZONE
OVERALL I BELIEVE THIS PAIR WILL BREAKOUT ON THE UPSIDE BUT THERE IS GOOD SELLING MOMENTUM LEFT.
-WAITING FOR THE PULL BACK ON THE TREND LINE
-LOOK FOR SHORTING POSITIONS AROUND THE 61.8 FIB ZONE
-USING THE MACD FOR DIVERGENCE UPON ENTRY
-SET TP TO PREVIOUS SESSION LOW
-SET SL ON PREVIOUS CEILING ZONE
OVERALL I BELIEVE THIS PAIR WILL BREAKOUT ON THE UPSIDE BUT THERE IS GOOD SELLING MOMENTUM LEFT.