Price broke its counter trend line after bouncing off its daily uptrend line where I took profit on my short. Now looks like we have a nice long opportunity I am looking for a right shoulder to be formed at the retest of the broken CTL to create a inverse Head on shoulders pattern. This pair should take off during London session!
Comment
⋅
this pair is currently sitting on a key level, I will wait for a close above & retest to the 61.8 to go long
Comment
⋅
waiting for a daily close now, looks like a nice buy opportunity on the retest of its key level next week
@kieshene, it might make a higher low now, but its now looking like an uptrend & 1.69000 is my next target after the pullback or close above resistance