Upon analyzing this pair we can see a clear bullish structure on a weekly timeframe. Although this setup may appear bullish it is imperative that we analyze intraday timeframes such as the 4h in order to validate a bullish break of structure before any buy opportunities are considered.
Always conduct your own analysis before executing any trades and remember to use proper risk management.
Happy trading mates
Always conduct your own analysis before executing any trades and remember to use proper risk management.
Happy trading mates
交易進行:
Upon analyzing this morning it is apparent that price has held support at our confluence zone. We are expecting price to follow structure and create a higher high . Happy trading team, god bless