Has been losing momentum to the upside. Has done a triangle and has arrived at a very strong support area (red Box).
Will selling when it clearly breaks my channel.
This pair respected its LL and bounced rit off. Believe that it will go up for a few days then will have a downfall for another retest or a BO
Getting ready for another bounce. Will be looking at the 4hour and 1hour charts for a nice entry.
my first trade went just as planned, still believe this pair will bounce once again in that support line.
Still want to see an impulsive bull to tp1 so that my analysis is taken in play. As of now I will be placing a buy for a couple of pips
Option 1: sell the breakout
Option 2: buy till tp1 &. Tp2