Factors of confluence: - trade is with the trend (see trendline)
- doji forming (waiting for weekly close)
- rejection of .618 retrace (again waiting for weekly close)
- rejection of 50 EMA
I'm waiting for the weekly close and Canadian CPI figures to take this pair long. So lets see what happens. Patience is key!
- doji forming (waiting for weekly close)
- rejection of .618 retrace (again waiting for weekly close)
- rejection of 50 EMA
I'm waiting for the weekly close and Canadian CPI figures to take this pair long. So lets see what happens. Patience is key!