Hey traders! Here's a ranging pair up against a solid amount of support. The pair could break out toward the unhit pivot cluster. If the bullish trendline is broken, I will re-evaluate the position. For now, bias is bullish on the short-term. Cheers!
Hey traders! Lot's of SMA resistance here at this level. To add to the short bias, the short term trend is down and support is diluted down to 2:1 R/R. I will likely keep the trade on through TP if the timing is right, should the breakout occur at all. Updates to come. Happy trading!
The pair has shown rejection at the Daily EMA cluster which will protect a SL above this level. It has also already tested its average daily range and may retest the trendline. TP at retest or AB=CD with SL above the EMA cluster.