This pair was analyzed yesterday the 13th of November. While many analysis said an overall bearish move, i rather saw a symmetrical triangle from the H4 TF.
Although it didn't seem like it but that's why there is need for a trader to always trust in himself and have confidence in personal analysis. I had to take my sniper buy positions at the base of the symmetrical triangle (1.25230), expecting price to push up and break the upper trendline of the triangle and finally get to the 1.27506 mark. Now, we are in deep profit and this is my analysis, possible price directions and bias for this pair for the next couple of days to weeks.
Although it didn't seem like it but that's why there is need for a trader to always trust in himself and have confidence in personal analysis. I had to take my sniper buy positions at the base of the symmetrical triangle (1.25230), expecting price to push up and break the upper trendline of the triangle and finally get to the 1.27506 mark. Now, we are in deep profit and this is my analysis, possible price directions and bias for this pair for the next couple of days to weeks.