I am watching closely this idea Jesse, thanks for the tip!
SwissPips
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@RolandoGonzalezLealIsla, You are welcome!
Rolando_Gonzalez
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@SwissPips, I still believe the sellers have the ball until the bulls breach the 1.93919 resistance, what do you think about this?
SwissPips
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@RolandoGonzalezLealIsla, Difficult to say. TL2 (4 day resistance) has been broken however flat resistance is still intact. i have entered my buy-stop order and will re-consider my position should the pair break some supports. I hope this answers your question
SwissPips
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@RolandoGonzalezLealIsla, + the daily clearly shows a double top pattern so the overall is bearish. BUT we have a base forming on EMA100 (as shown below) which could suggest that a pullback in the bulls favor is in place.
Rolando_Gonzalez
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@SwissPips, I see what you mean and it might be the case, right now I am LONG with GBPUSD H1 since 12 hours ago and so far so good, market correlation?
Also I am LONG with AUDJPY H1 the same time and so far so good too, I am a beginner, only 7 months trading so thank you for your comments and time!
SwissPips
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@RolandoGonzalezLealIsla, You are welcome! Keep practising and learning from other traders, it's the best thing you can do :-) Cheers