Break out confirmed, lets see how this look come 8th June 2017 UK Election.
Watching to see if that rejection pin @ 11940.3 is the final move down or another pull back. What is the DXY doing?
If we get strong price rejection at the 1.45500 zone. EUR
Aiming for D @ 0.94711 Pending a long entry
Looking for a Double bottom reversal 81.939 needs to hold to verify the upwards move.
This has found some steam. Lets see if they can fill that gap, maybe need 3 drives to close it, or a monster en-golfing candle.
Where next; are the bulls trying to get this over the line? or will geo political risks demand $100 bucks per barrel eventually?
Triple bottom, if price can hold at 0.84734, I'm looking for a reversal. That pin suggest buyers are present.
This pair is due a correction, looks like it moves quarterly . I'm waiting to see how price reacts at the touch of the historic bear zone. 16/April /2017
If the price zone @ 0.92000 and continue, then I'm looking for D leg.
Current conditions may bring it to this level 106-105.
If the 0.75407 hold then looking to get long (two move phase) aiming for the 0.76315 zone