4H chart revealed nice flag pattern which top of it is at the psychological level 0.0001000000. I zoomed formation (see the bigger green rectangle).
Market is in favor of short sell for time being.
It is very rare for any pair to finish chart like this and I would expect that the pair will try to reach the lowest low formed within the last 6 months. I would suggest to create standing order around this level as the rebound might be very quick and will not give U chance to enter the market.
This will create triple bottom and it will be considered as a good opportunity to buy.
Market is in favor of short sell for time being.
It is very rare for any pair to finish chart like this and I would expect that the pair will try to reach the lowest low formed within the last 6 months. I would suggest to create standing order around this level as the rebound might be very quick and will not give U chance to enter the market.
This will create triple bottom and it will be considered as a good opportunity to buy.