Bulls - "the market has formed an inverted head and shoulders with a test of the neckline before making its way to the upside. Now it seems like the market is performing a break and re-test of the previous resistance. This has given the illusion to other traders that the market is going to push down to make new lows due to it respecting the trendline drawn. Looking for it to move to around 0.69800"
Bears - "the banks are still holding extreme shorts on this pair. The downtrend trendline has been respected with good price action. A double top has been formed with a re-test of its neckline. Looking for it to move down to at least 0.66800"
I would like to know which bias you are taking if you are trading this pair. I am always a student.
Bears - "the banks are still holding extreme shorts on this pair. The downtrend trendline has been respected with good price action. A double top has been formed with a re-test of its neckline. Looking for it to move down to at least 0.66800"
I would like to know which bias you are taking if you are trading this pair. I am always a student.
