This chart is not so nice as the GBPJPY breakout beacuse of the false breakout in January.
But maybe this is the reason why it can be a big runner : a lot will not believe this breakout.
I'm waiting for the testback of the wedge first then a break above the 50 EMA.
And later we will be attacking the 100 EMA...
But maybe this is the reason why it can be a big runner : a lot will not believe this breakout.
I'm waiting for the testback of the wedge first then a break above the 50 EMA.
And later we will be attacking the 100 EMA...
Comment:
Wedge backtest is done.