Hello fellow traders,
Hope you've all had a productive weekend!
Still Bearish on this pair, I've heard a lot of people saying the bears run is over but one of the first things i was told a few years ago when I first stumbled across forex trading was...trade what you see, not what you think. This is not a guessing game its a skilled craft in which we let price dictate the next move, so with that being said all technicals are still pointing downwards.
There is a nice setup on the daily and 4hr chart to get a good entry with a controlled risk, for the time being i will not be displaying my execution setups or my stop placements, but you might be able to figure it out with all the annotations on the chart.
Hope you've all had a productive weekend!
Still Bearish on this pair, I've heard a lot of people saying the bears run is over but one of the first things i was told a few years ago when I first stumbled across forex trading was...trade what you see, not what you think. This is not a guessing game its a skilled craft in which we let price dictate the next move, so with that being said all technicals are still pointing downwards.
There is a nice setup on the daily and 4hr chart to get a good entry with a controlled risk, for the time being i will not be displaying my execution setups or my stop placements, but you might be able to figure it out with all the annotations on the chart.