Hope you caught that 170 pip move up last week......Price is in a rising channel that will eventually break down. It could reach the top of the weekly pattern(green) and reverse....but price could break south at any moment.....TOOOOO EASY !!!!
CATCH THE WAVE......AND RIDE IT!!!!!
CATCH THE WAVE......AND RIDE IT!!!!!
Note
Ive adjusted the larger pattern(green) to reflect the current push of the USD. Price still can reach for this upper trendline before falling. Looks like we can expect a few more bounces within this flag and a breakout.......but.....be wary of the unexpected breakout...its been that kind of week..... :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.