We have to wait , market will show us the way it wants to move
Im drawn to sells more than buys , but should not rush in a trade if trend is going UP ( Remember trend is your friend(ALWAYS))
If break channel upwards, we could see move back to 1.24
If break channel downwards, we can see retracment till 1.20 why ? As i see market broke flat 1.20 with big 4H candle and never got retraced to it , so sellers should fill that gap
How do you see this playin ?
Im drawn to sells more than buys , but should not rush in a trade if trend is going UP ( Remember trend is your friend(ALWAYS))
If break channel upwards, we could see move back to 1.24
If break channel downwards, we can see retracment till 1.20 why ? As i see market broke flat 1.20 with big 4H candle and never got retraced to it , so sellers should fill that gap
How do you see this playin ?
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.
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.