We have to wait , market will show us the way it wants to move
Im drawn to sells more than buys , but should not rush in a trade if trend is going UP ( Remember trend is your friend(ALWAYS))
If break channel upwards, we could see move back to 1.24
If break channel downwards, we can see retracment till 1.20 why ? As i see market broke flat 1.20 with big 4H candle and never got retraced to it , so sellers should fill that gap
How do you see this playin ?
Im drawn to sells more than buys , but should not rush in a trade if trend is going UP ( Remember trend is your friend(ALWAYS))
If break channel upwards, we could see move back to 1.24
If break channel downwards, we can see retracment till 1.20 why ? As i see market broke flat 1.20 with big 4H candle and never got retraced to it , so sellers should fill that gap
How do you see this playin ?