I'm watching this pair also because it might give a short signal.
BOSS:
Obvious downtrend. The previous two bullish candles had a lower volume than the earlier candles under the SR from ~92. So I'm thinking that price might go down if the will more sellers in the current week.
WORKER:
Here again the trend is bearish, the price made LL and HL; 20 ema was under 50 sma on this chart. So going with the trend I'm looking to short this pair if there will be a signal for that.
I would consider a good signal for short if the today's candle will close under the demand DSRI, making a lower low and engulfing the friday's candle. Also todays candle to have a higher volume than the previous candles.
Too many planets to align? We have the resistance at ~92, DSRI, fibonacci retracement leves. Now lets see how today's candle closes.
What do you think? Is anyone looking for a LONG?
BOSS:
Obvious downtrend. The previous two bullish candles had a lower volume than the earlier candles under the SR from ~92. So I'm thinking that price might go down if the will more sellers in the current week.
WORKER:
Here again the trend is bearish, the price made LL and HL; 20 ema was under 50 sma on this chart. So going with the trend I'm looking to short this pair if there will be a signal for that.
I would consider a good signal for short if the today's candle will close under the demand DSRI, making a lower low and engulfing the friday's candle. Also todays candle to have a higher volume than the previous candles.
Too many planets to align? We have the resistance at ~92, DSRI, fibonacci retracement leves. Now lets see how today's candle closes.
What do you think? Is anyone looking for a LONG?