The pair has seen a rather significant upmove earlier this year from around 40 to about 65. Since the spring it has been consolidating between mid 60s and the low 50s.
The price is now squeezing and the indicators we use, all confirm that a new opportunity is forming.
Remember to be patient and always check confirmation from the indicators!
If interested, you can read more in the following educational idea I published more than 1y ago.
Ask Anyone i`ve not been wrong yet - I progressively follow the index at Consolidation Level until i arrive at a point where it can be traded. Consolidation is not a problem all the time for me - You know this - if not look at my past results at trading ideas. When i arrive a the correct level i inform my users and followers at once as so they can made a decision to trade my live call it interested within the set-up provided - I do not focus people or investors to trade unwillingly.
And where do i obtain this book of yours - I must read it through if i am doing something wrong - to wards improving my results.
You just have to click on the chart above.