The pair has been traded sideways out of the short channel
exact as forecasted.
Now there is a new short trendline which the pair has to remove for a long
setup.
At the moment its trying to find a bottom at my blue support ranges
Also my blue support lines holds at the moment, how long in the future
we dont know.
Lets see what will happens:
a) Break of the support lines (Blue) or
b) Break of the decent short trendline (Orange)
After that we will check the situation again.
exact as forecasted.
Now there is a new short trendline which the pair has to remove for a long
setup.
At the moment its trying to find a bottom at my blue support ranges
Also my blue support lines holds at the moment, how long in the future
we dont know.
Lets see what will happens:
a) Break of the support lines (Blue) or
b) Break of the decent short trendline (Orange)
After that we will check the situation again.