Divergence on the hourly TimeFrame with a break in Higher highs and lows which has broken its uptrend and showed a weakness in that Bullish momentum. It has also presented a double top formation.
These are 2 very strong conformations that show the possibility of the pair continuing to fall to a lower level.
I am no expert so do not take this as a definite move as nothing is for definite in this trade. But i would appreciate your thoughts and ideas on the future for this pair, Drop the below
These are 2 very strong conformations that show the possibility of the pair continuing to fall to a lower level.
I am no expert so do not take this as a definite move as nothing is for definite in this trade. But i would appreciate your thoughts and ideas on the future for this pair, Drop the below