We discussed this pair yesterday saying ‘Price is now looking for a breakout higher with this one with the momentum in recent times slowly building.”
Price has now carried on with the breakout and made a sharp move higher inline with the momentum that had been building.
If you are not long in this pair already, then there could be potential second chance entries.
If price can rotate lower into the old breakout resistance it could hold as a new price flip support level and as an area to hunt for long trade setups.
Price has now carried on with the breakout and made a sharp move higher inline with the momentum that had been building.
If you are not long in this pair already, then there could be potential second chance entries.
If price can rotate lower into the old breakout resistance it could hold as a new price flip support level and as an area to hunt for long trade setups.
