Morning Traders!
Look at that beautiful rally there! Finally volatility is back on the pair! :)
So we had 3 bullish consecutive days, breaking all resistances. Price is now on a major resistance, so i expect it to bounce from there to the next support level, which is coincident with the 0,23% of Fibonacci level of the last beautyful bullish impulse.
I will wait for a confirmation on a M15 time frame to short it.
Good Trading Traders!
Look at that beautiful rally there! Finally volatility is back on the pair! :)
So we had 3 bullish consecutive days, breaking all resistances. Price is now on a major resistance, so i expect it to bounce from there to the next support level, which is coincident with the 0,23% of Fibonacci level of the last beautyful bullish impulse.
I will wait for a confirmation on a M15 time frame to short it.
Good Trading Traders!
Note
Here is the major D1 resistance.Note
Wait for the break outNote
Market sooo slow.. Will it start falling now?Trade closed: stop reached
Nop, not going down, it is a continuation triangle. Bulls still on market.
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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.