This guy moved in a ascending chanel from 1.81000 - 1.91500. We waited for price to break the ascending chanel so the bears can come in and go short...
Guess what!!! It did!
Now we need a sell confirmationđ Hmmm price retracement would be a good confirmation. If this guy plays his retracement cards well and respect the immediate resistance level, we could see price push down to 200 pips or more if it does not break and close above the resistance zoneđ
Guess what!!! It did!
Now we need a sell confirmationđ Hmmm price retracement would be a good confirmation. If this guy plays his retracement cards well and respect the immediate resistance level, we could see price push down to 200 pips or more if it does not break and close above the resistance zoneđ