No change in viewpoint, even though it spiked further upwards as if no stopping is possible. this is not new for the pair, and unfortunately we cannot predict turning points. The strategy is always slowly to scale in on the way up carefully. t is extremely overbought on most time-frames. Stochastic and Fisher form all showing potential turn around. Have patience with it is the key.
Strategy SELL @ 2.0400-2.0450 and take profit @ 2.0117 for now.
Strategy SELL @ 2.0400-2.0450 and take profit @ 2.0117 for now.
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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.