I think we will have to see this one play out but I see the Bears coming in at some point pushing the price down to 1.90000, consolidation before another impulse downward. Thoughts?
Big timeframes give you a helicopter view of things and shuts out all the noise. I am Biased towards the price reaching out to the trend resistance line.
The direction this pair takes will be largely influenced by Fundamentals (Brexit) which will make the GBP stronger allowing for that upward trend to continue all the way to that WEEKLY timeframe trend resistance line.
AWaiting for a BUY confirmation. In with BUY LIMIT.
I am looking to sell this one here until the base of the trendline.
I am in it with a SELL until 0,95891
Its reached an area of value entry and I am buying this.