I am bearish on this pair for the medium term. I expect price to go lower around 146.6ish area. When I see a good rotation candle around my "Area of Entry" I will sell there and put SL and TP1 and TP2 as marked on the chart.
I will watch how price go up to my "Area of Entry" and see if bulls are going strong or still struggling to get there. I will wait and see for a nice bearish rotation candle there to enter a trade.
I deleted my other analysis on this chart since I had an error in a text which I forgot to edit.
I will watch how price go up to my "Area of Entry" and see if bulls are going strong or still struggling to get there. I will wait and see for a nice bearish rotation candle there to enter a trade.
I deleted my other analysis on this chart since I had an error in a text which I forgot to edit.