Currently holding this trade. Here is a breakdow of what I think will happen. This pair has been ranging between 1.1655 and 1.1633. Currently consolidating but we have seen selling momemtum slow down. We entered a long position short term that we are currently holding. The trend on this pair on Higher Time Frames are still very strong bearish, so final confirmation of long position is after a breakout above 1.1655 and a retest of that level with continued buying momentum.
Continued short positions are confirmed after a breakout below 1.1633 and a retest of that level with continued selling momentum.
Safe trading.
Visit us online at www.fxwealthacademy.com
Continued short positions are confirmed after a breakout below 1.1633 and a retest of that level with continued selling momentum.
Safe trading.
Visit us online at www.fxwealthacademy.com
