The pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis.
Kommentera:
Price seems to be gaining downward momentum in the direction of the trend
Trade stängt: målet nått:
Huge spike to the down side.