Current structure shows signs of reversal, Recent price action i consider as correction fom last impulse to upside marked as magneta arrow on chart.
MACD indicator shows signs of divergance on daily timeframe.
We are at the bottom of ascending channel started on beginning of 2010 year.
All abowe leads me to conclusion we will have e a nice rally in coming weeks on this pair.
MACD indicator shows signs of divergance on daily timeframe.
We are at the bottom of ascending channel started on beginning of 2010 year.
All abowe leads me to conclusion we will have e a nice rally in coming weeks on this pair.
Trade closed: stop reached