Multi timeframe analyze: Short
- Wait for a clear break/ sell signal
- Weekly: seem like a weak uptrend
- Daily: Uptrend recently with RSI divergence
- H4: Better view from Daily
- H1: Buy signal
- End of week: Price touch resistant
--> Next week: Go up a bit then Drop
Or: Drop with a pull back
However next week news are very important (Fed's, GDP,...) so may change completely the current trend. USD is predicted to grow stronger, so Downtrend is still likely (to me atleast)
- Wait for a clear break/ sell signal
- Weekly: seem like a weak uptrend
- Daily: Uptrend recently with RSI divergence
- H4: Better view from Daily
- H1: Buy signal
- End of week: Price touch resistant
--> Next week: Go up a bit then Drop
Or: Drop with a pull back
However next week news are very important (Fed's, GDP,...) so may change completely the current trend. USD is predicted to grow stronger, so Downtrend is still likely (to me atleast)
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