This pair has an impulse move, and we are looking to trade to correction, it may likely break below the support.
Why: Because the price has broke out of the 4hours trend line, and yesterday's impulse move went to retest the break out
Probability of selling: 40%
Probability of Buying: 60%
Until we see an impulse move to the downside, that's when we can rally with the correction...
Why: Because the price has broke out of the 4hours trend line, and yesterday's impulse move went to retest the break out
Probability of selling: 40%
Probability of Buying: 60%
Until we see an impulse move to the downside, that's when we can rally with the correction...