- Overall trend is sideways
-The price tested areas near the bottom of the range before forming a formation
-The price has broken the neckline of the , in addition to the 200-days
-Further upside is favored now for a possible retest of 18.00 resistance areas
- A break below 15.50 may negate this trade idea
Be one of the first members of my new trading portal, check my new website http://thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
My best regards