NikaJourney

Bullish Channel Moves May Continue But Getting Shaky

FX:EURAUD   Euro / Australian Dollar
We've been in a bullish channel for a good hot minute.
From the 4hour chart, it looks like we'll remain in the channel.

But there are signs that this move is starting to get a little shaky on the daily and weekly chart.
So gonna keep an eye on this pair to see when the big drop is gonna happen.

Otherwise, my swing trade outlook goes to the monthly SR level at the moment -- as long as we continue to stay in the channel.

BULL TPS:
  • 1.63487
  • 1.64018
  • 1.65135
  • 1.66041

BEAR TPS:
If we break out of the channel...
  • 1.62096
  • 1.61175
  • 1.60126
Comment:
BEAR TP 1 WAS HIT!

But this has been a slow-moving week. Waiting for something to wake it up a bit more.
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