Triangle forming in this pair. A close and retest of the trend line would get me short. It can break either way but I am bearish on the pair.
The pair has broken out of the channel. I am looking to get long on a retest of the channel and the green support line as they meet.
The pair is in a falling channel coming it monthly support that I believe will hold. There two scenarios I am looking for: 1. Break of the channel to the upside and a retest to get long. 2. The monthly support is broken and buyers soak up the price forming a pin bar/hammer. 1.75 is a nice hard number to see this happen at. Happy trading...
A new trend is forming here. Higher highs and higher lows. After a big leg up, the price kept the 62% Fib. If a strong 4 hour bar can close above the green support line then I will look to get long.