Two long term trend signals are about to agree that a major sell-off could be in the works. the past two times these have aligned we have seen a drastic sell off. Conversely these sell off have eventually provided excellent long term buy opportunities.
4HR, DAILY, WEEKLY, All Below 50ema & Descending Trend line as well. Nice little pull back provides a nice opportunity to ride this back down to the next daily support level.
Like this short here as the USD data was below par and the 1hr chart is still in a down trend based on the 50/200 ema looks. Just looking for a few pips
