Do you see a Head and Shoulders formation? I do but having a long bias on this pair I would like to take the risk and buying a possible AB leg of a possible Deep Crab projected.
This idea contains high risk. The conservative entry would be if R0 is violated with H4 candle closing above this small structure resistance. Some of the factors that support this idea from my point of view are the weekly trend line support, the weekly horizontal support and MACD H1 divergence.
Good luck to all who like to take risks!
This idea contains high risk. The conservative entry would be if R0 is violated with H4 candle closing above this small structure resistance. Some of the factors that support this idea from my point of view are the weekly trend line support, the weekly horizontal support and MACD H1 divergence.
Good luck to all who like to take risks!
