Hi Traders,
Before we go long there might be small retrenchment back to the trend line and than we go up. Will be watching this pair in the begging of the week and try to get involved into trade for 100-150 pips profit. This is a expanding running flat inside a bigger patter which looks to be zig-zag. We have divergence in MACD also as RSI getting closer to oversold area. Patience and monitoring the price should be the key for good entry.
Before we go long there might be small retrenchment back to the trend line and than we go up. Will be watching this pair in the begging of the week and try to get involved into trade for 100-150 pips profit. This is a expanding running flat inside a bigger patter which looks to be zig-zag. We have divergence in MACD also as RSI getting closer to oversold area. Patience and monitoring the price should be the key for good entry.
Comment:
Going up
Trade closed: target reached
Comment:
No creating some patter, give it little more time. We can go down for one more touch or even shoot it up.