Hello Traders
Price Was in an up trend for a while and then broke it and changed its direction to downside , Then it formed a down trend line that acted as a res zone , but now price found a good support and trend line is about to be broken and what im going to do is wait to see does it break the line to the upside or not?
if it does after a retest i will go for long.
and if it does not i will wait for a res zone to be formed and then go for short.
Comment Below if you have any idea.
Price Was in an up trend for a while and then broke it and changed its direction to downside , Then it formed a down trend line that acted as a res zone , but now price found a good support and trend line is about to be broken and what im going to do is wait to see does it break the line to the upside or not?
if it does after a retest i will go for long.
and if it does not i will wait for a res zone to be formed and then go for short.
Comment Below if you have any idea.
Trade active:
entered on 15 m chart
+44 pips up For now
+44 pips up For now