The counter is currently in a short-term bear cycle.
It has completed wave 4 in the form of a bearish flag pattern and has commenced wave 5 with a strong engulfing candle.
Hence, we expect the pair to be bearish in the near-term.
The counter is currently in a short-term bear cycle.
It has completed wave 4 in the form of a bearish flag pattern and has commenced wave 5 with a strong engulfing candle.
Hence, we expect the pair to be bearish in the near-term.