Price has bounced from a key support level and its making a correction since then, forming a bullish flag pattern. Switch to the lower timeframes and watch for that breakout that most likely will force price up..!
Comment:
Price broke above the correction. The buy is now active:
Comment:
For those who missed the buy opportunity might want to get involved in a short term sell befor once again start watching for that buy setup at a lower level. Price has been developing a bearish flag which most likely will breakout and drop price to the upper parallel of the channel. 30-40 pips booked is always nice.