Good morning Traders!
From a technical point of view the trend remains bearish on the intraday chart, but at the same time we do not exclude some corrective structure (or reversal) in the short term. The pair may have completed the impulsive structure (i-ii-iii-iv-v). The potential breakout of the bearish channel should confirm our idea ....
STRATEGY: Wait for confirmation (first leg) and try to take a position on pullback.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
From a technical point of view the trend remains bearish on the intraday chart, but at the same time we do not exclude some corrective structure (or reversal) in the short term. The pair may have completed the impulsive structure (i-ii-iii-iv-v). The potential breakout of the bearish channel should confirm our idea ....
STRATEGY: Wait for confirmation (first leg) and try to take a position on pullback.
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
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🔔 2024 Forex Long Term Analysis:
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015