2 possible scenarios;
1. If currency pair breaks out from the uptrend channel and breaks the strong support region then will initiate a short position upon retest
2. If currency pair stays within the uptrend channel and start a bullish momentum
What I will do now is to wait and check the 1H timeframe to determine my course of action.
Please drop me a like and share with me your analysis too!
1. If currency pair breaks out from the uptrend channel and breaks the strong support region then will initiate a short position upon retest
2. If currency pair stays within the uptrend channel and start a bullish momentum
What I will do now is to wait and check the 1H timeframe to determine my course of action.
Please drop me a like and share with me your analysis too!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.