So we might be approaching a significant drop after a week of flatline amongst this pair. From my experience, after a flatline of price, we usually have a breakout in one direction or the other.
So here is the criteria for a SHORT:
1. Red daily pip near resistance (red line)
2. Rounding off of our RSI
3. Valid location on the 4H or 1H chart of place a sell for safety and profit.
4. Rounding off or bounce off RSI resistance level.
So here is the criteria for a SHORT:
1. Red daily pip near resistance (red line)
2. Rounding off of our RSI
3. Valid location on the 4H or 1H chart of place a sell for safety and profit.
4. Rounding off or bounce off RSI resistance level.