The major liquidity zone has been targeted, and we can observe a change of character in the lower time frames, presenting an opportunity for short-term sell setups
Given the prolonged bullish trend of this pair, identifying a strong high is challenging; we should wait for a break of structure in the higher time frames for confirmation.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
Given the prolonged bullish trend of this pair, identifying a strong high is challenging; we should wait for a break of structure in the higher time frames for confirmation.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
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