This pair has been in an uptrend for a while now. We have a corrective structure / a 50% fib retracement and a classic descending wedge pattern here with breakout looking highly probable.
Wait for the breakout of the small bullish flag pattern before going long.
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!
Wait for the breakout of the small bullish flag pattern before going long.
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results. Trade Responsibly!