I am an absolute forex noob. Your thoughts are highly appreciated! I'm wondering what the pair will do. I assumed it wants to break out (higher). However, on the daily I found some divergence between the CCI and price which could suggest a break lower.
I am an absolute forex noob and I am currently paper trading. Your thoughts about my approach below are highly appreciated! After the december high I several times quit a few shorts with TP at the early december break out. This time I wanted to short again, but noticed a few ideas of fellow traders to long this pair. I dug a little deeper and may have found some...