Vutz136

Vutz136

Based on my impression we will short till 8700 (give or take 20 pips). After that an upward trend is started because the daily supportline will be tested for the second time. Normally this will give a bounce to the 4H resistance line. This will generate a 3th hit on the resistance line which indicates we will look for lower lows. So: First stop: 8.700 Estimated...

Vutz136 Updated 

This is my first chart ever, so tips are very welcome. Based on the trend the chart has broken the resistance and has an upward potential of 8% (to 128). There we have the first resistance.