Hi guys!
Waves bulls look exhausted, especially when looking at the last 2 candles of this chart.
All attempts to breakout from the channel were averted, hence I'm guessing the same is going to happen this time before the sharp fall.
The best takeaway here is to wait for the pair to break and close below the lower edge of the channel and short it.
Waves bulls look exhausted, especially when looking at the last 2 candles of this chart.
All attempts to breakout from the channel were averted, hence I'm guessing the same is going to happen this time before the sharp fall.
The best takeaway here is to wait for the pair to break and close below the lower edge of the channel and short it.