Pair has been in a 1H range for a while
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
Price at bottom of range
Wicks at bottom of range shows no sellers
If price reverses it can rise to 50 sma and pause
Price could consolidate there or break above 100 sma
Price could then rise to top of range.
הערה:
15m/1H dual chart helps to follow price
הערה:
sorry 1H - 15m
הערה:
On our 15m chart we have either a bearish flag or an ascending channel
הערה:
1st take profit hit
הערה:
Price fell back into ascending channel
Price now has broken above channel
Price has entered 2nd long trade
Price now has broken above channel
Price has entered 2nd long trade
הערה:
Hit top of range take profit
הערה:
Bounce of top of range short trade
הערה:
Bullish breakout of range top
הערה:
Price took out take profit at -61.8% fib like a freight train
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