Big potential downside movements coming up, I have been looking at this pair throughout the week and from what I have come up with on my analysis on bigger time frames vs smaller time frames is that, the H1 chart and H4 are forming a perfect head and shoulders pattern which is giving me clear indication that this will drop to the downside any time soon.
As we can also see, I am already in profit by a few pips as I entered this trade earlier today!
Trade safe and risk accordingly, thanks guys.
As we can also see, I am already in profit by a few pips as I entered this trade earlier today!
Trade safe and risk accordingly, thanks guys.