It looks as if we might get a breakout of the trendline soon! This level we need to exercise caution, it has not been broken yet. Still momentum and acceleration are pointing to a move downward from here. The breakout can be observed from a lower time frame and should too :)
Happy Trading, dont forget stops and be happy while you trade :) Its an adventure!
- ST
Happy Trading, dont forget stops and be happy while you trade :) Its an adventure!
- ST
Comment:
We have a breakout of the line drawn, now lets wait what the pair will do on these levels! Eyes sharp! :)
Comment:
WE have a good and clear breakout :)
Comment:
We have a good possibility to run down as far as 121.000 with this pair