• similar to my GBPJPY analysis this pair has formed an upward and downward trendline touching both 2 times
• it's previous test was of the upward trendline so now i'm expecting market to go up and test the downward trendline
• on the D1 it formed a corrective pattern and has converged by the apex so expecting the buying power to continue making this pair BULLISH
• all because the H1 broke above the corrective move and closed above it so buy orders will be placed
• tp is set at the previous high but for my swingers the second tp i put there is for you guys
• correct me where i'm wrong God bless...
GREAT SUCCESS!!!
• it's previous test was of the upward trendline so now i'm expecting market to go up and test the downward trendline
• on the D1 it formed a corrective pattern and has converged by the apex so expecting the buying power to continue making this pair BULLISH
• all because the H1 broke above the corrective move and closed above it so buy orders will be placed
• tp is set at the previous high but for my swingers the second tp i put there is for you guys
• correct me where i'm wrong God bless...
GREAT SUCCESS!!!
