The weekly is currently ranging.
The daily chart shows LH and LL being made, so it is on a nice downtrend.
That being said looking for a short trade would be a good idea.
Looking at the 4H chart there is a nice bullish cypher formation which is a great opportunity to move the price up in our favor to look for shorts.
You can get into the bull cypher without risk. Make sure to put a nice SL. I would be looking for shorts around 1.12222
The daily chart shows LH and LL being made, so it is on a nice downtrend.
That being said looking for a short trade would be a good idea.
Looking at the 4H chart there is a nice bullish cypher formation which is a great opportunity to move the price up in our favor to look for shorts.
You can get into the bull cypher without risk. Make sure to put a nice SL. I would be looking for shorts around 1.12222
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.