Two ways of potentially trading this pair. Price has currently found support at the level with RSI oversold. Trading looking for a trend continuation setup can potentially wait for a completed double bottom divergence to buy into the market.
For counter-trend trader, there is a completed double top divergence. Wait for a 2618 setup around the 1.5295 level to short on the market.
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For counter-trend trader, there is a completed double top divergence. Wait for a 2618 setup around the 1.5295 level to short on the market.
Subscribe to the Trade Plan Preview at www.fxpipsology.com/trade-plan-preview/ to receive more patterns with defined entry points, stops and take profit levels.