2 scenario here
1. If price forms corrective nature (ascending channel) will be looking for sell at the break or the pattern.
2. IF form Reversal Pattern, will avoid taking any trade with this pair as it might be very corrective to form deeper correction.
1. If price forms corrective nature (ascending channel) will be looking for sell at the break or the pattern.
2. IF form Reversal Pattern, will avoid taking any trade with this pair as it might be very corrective to form deeper correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.