Pair is ready to go. Sitting on daily 61.8 fibonacci level rejected 5 times on the 4 hour time frame, plus 4 hour uptrend & is in a daily uptrend making higher highs & lows. My bias is to the upside but I am waiting for a break in either direction
Kommentera
⋅
Broken weekly trend line that was holding since 2015, plus inverse H&S Still in play
Kommentera
⋅
watch for a clean break either direction
Kommentera
⋅
watch for how that 4 hour candle closes... if it closes below the 50 fib we will get a retracement & this pair will eventually break to the upside