Hi Team!
If you have been following me this week you will see that I have been absolutely spot on with my analysis on this pair.
The whole point of my style of trading is to capitalise profits quickly for the bigger trades.
This is that bigger trade!
See deep-dive fundamental analysis for the week in the linked post.
What we are watching for hear is a breakdown of the wave two correction. Enter sells with SL above recent highs.
I would advise AGAINST entering until you see break, as we may extend the correction as far as a double top (though unlikely)
Be kind, trade safe.
DrBear
If you have been following me this week you will see that I have been absolutely spot on with my analysis on this pair.
The whole point of my style of trading is to capitalise profits quickly for the bigger trades.
This is that bigger trade!
See deep-dive fundamental analysis for the week in the linked post.
What we are watching for hear is a breakdown of the wave two correction. Enter sells with SL above recent highs.
I would advise AGAINST entering until you see break, as we may extend the correction as far as a double top (though unlikely)
Be kind, trade safe.
DrBear
