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I gave a analysis on this pair recently but got taken out as a result of a fakeout. My buy bias later came
and I made my profit! Now again, we have a sell bias lurking around the corner, provided this is a fakeout
as marked on the chart. Just wait for the retest and watch out for the massive drop that follows! This is
to clearly tell us that this ascending channel is very active and must not be taken for granted.
Remember that nothing is certain in this market. So stay safe!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on this assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you
can not afford to lose.
I gave a analysis on this pair recently but got taken out as a result of a fakeout. My buy bias later came
and I made my profit! Now again, we have a sell bias lurking around the corner, provided this is a fakeout
as marked on the chart. Just wait for the retest and watch out for the massive drop that follows! This is
to clearly tell us that this ascending channel is very active and must not be taken for granted.
Remember that nothing is certain in this market. So stay safe!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on this assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you
can not afford to lose.