though our uptrend bias is correct, but not as we expected, the price not retrace to1.08
i personally dont have enough buy position this week, lol
as we can see on the chart above,
the chart form a channel and reach its resistant
the channels can indicates this is an ABC correction, if theis scenario happen, it means the price will soon continue the old downtrend
the unfilled gap below also a warning for buy position
but an uptrend is still an uptrend,
be wise before taking a sell position
good luck!
i personally dont have enough buy position this week, lol
as we can see on the chart above,
the chart form a channel and reach its resistant
the channels can indicates this is an ABC correction, if theis scenario happen, it means the price will soon continue the old downtrend
the unfilled gap below also a warning for buy position
but an uptrend is still an uptrend,
be wise before taking a sell position
good luck!