Looking at this pair, I realized that price is ranging inside a big descending triangle pattern (see daily chart), so now that price reached a minor support level, I got short with hope that price go lower until the next support zone near the 0.9240 level. IF price reaches this level, we would have a beautiful Bat pattern completing just at that support zone and near the bottom line of the triangle pattern (a great place to put stops).
Very nice opportunity for two trades with the hope that price keeps ranging inside the triangle pattern.
Good luck guys!
Very nice opportunity for two trades with the hope that price keeps ranging inside the triangle pattern.
Good luck guys!