This is one of those trade opportunities you pray for while trading. The daily chart shows a breakout happening on a 3 year old channel. There's been several retest and bounce off from the resistance trend of this channel.
We've also got 3 major support levels during the potential bearish move. These are levels where we would see potential reversals moving forward.
While we would probably see some market fluctuations, I'm confident that the over direction of this pair is bearish in the coming weeks.
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We've also got 3 major support levels during the potential bearish move. These are levels where we would see potential reversals moving forward.
While we would probably see some market fluctuations, I'm confident that the over direction of this pair is bearish in the coming weeks.
Share your thoughts and ideas in the comment section below, we can all learn from your ideas. And please don't forget to leave a like and follow for more outstanding updates and Ideas.