Yesterdays trading sesseion blow away the downtrend. Now the pair is consolidating at a high Level and so is forming a bullish flag. as Long as we do not reenter the downtrend and are trading above 1.1233 the Chart seems very bullish for me. 1.1233 flag bottom -1.1265 flag upper edge -1.121 (0.5 fibo/trendline) Levels to watch:
Comments are Welcome!
Regards Mary
Note
still explosive !
Trade active
Note
for a pure bo-scalp -these pips would be enough!! :-) Cheers!
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.