An uptrend channel developed on the 4h chart that can be used for successful entries for either longs or shorts. Main horizontal resistances are in the ~1.2890 area and the ~1.3040 area respectively.
Kommentera:
Support me with your thumbs up and comments.
Handel aktiv:
The PA is moving closer to the upper limit of the channel giving a good opportunity to short.
Handel aktiv:
The PA has gone over the upper limit. It is a strong buy signal which can push the price towards the dashed resistance up-trendline.
Handel aktiv:
The bears won! 140 pips from 1.3000!
