The more I see this chart the more I laugh at people buying this cross..
I think a lot of them will target 1.25 and above and my analysis tends to say that we are not on a trend market... but still on a consolidation structure.
The technical factors that plead this way are : Sinewave tried a bullish breakout that was flushed out.. so if this thing was bullish, why didn't we go straight forward ?
Second I can see a very attractive technical cluster slightly above the current prices which could trigger bearish entries.
I'll look for bearish signals into that area and if I actually find some, I'll probably take a short in there ! (low leveraged because the trends remains bullish and we'll still have to plot a 5th final bullish wave before ending this)
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
I think a lot of them will target 1.25 and above and my analysis tends to say that we are not on a trend market... but still on a consolidation structure.
The technical factors that plead this way are : Sinewave tried a bullish breakout that was flushed out.. so if this thing was bullish, why didn't we go straight forward ?
Second I can see a very attractive technical cluster slightly above the current prices which could trigger bearish entries.
I'll look for bearish signals into that area and if I actually find some, I'll probably take a short in there ! (low leveraged because the trends remains bullish and we'll still have to plot a 5th final bullish wave before ending this)
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。