Pullback to support with a bounce looks like it's time to go long.
Stops just below GREEN box 117.20's
Comments
thor08
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I saw this trade too, just with the difference that I stimate the resistance not horizontal but diagonal... in this time frame I see 2 diagonal resistances that will avoid reach 118.685 ... Actually I think It may only reach 118.050 probably , and later there is a high risk of a major break down following 4h time frame... is just an opinion...
peter.kralmail
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This formation would be working for ever, it will break, make some stophunting moves and than make a huge move
Technician
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Amazing sideways box, clear support and resistance
IvanLabrie
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Buying the middle of the range started since Jan 1st.
I'd wait a bit and short the top personally.
yasserov
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Yeah i think so also... it has been quite tricky.. maybe ill wait till the RSI cross 50 for a while