April 13 Update: In my latest updates provided in the related links below, I was looking for a potential move lower, Indeed, price headed sharply lower faster than i anticipated, to retest the main and major support at this area. Note that despite the sharp selloff we are still in the sideways range illustrated on chart, and therefore, the bias remains neutral for now, and the best strategy to follow is to look for signs of a bullish rebound, wait for plenty of confirmation over the lower time intervals, targeting the mid of the range then the ceiling at 103.75. Otherwise, do not long this strong bearish market, as a break below the support and floor of the sideways range at 100.75 will surely provide a shorting opportunity, with plenty of downside potential.
I will be providing short term setups as I encounter them
Good luck, join me at:
twitter.com/thefxchannel
thefxchannel.com
I will be providing short term setups as I encounter them
Good luck, join me at:
twitter.com/thefxchannel
thefxchannel.com
