Price at bottom of channel. Watch for strong breakout of redline and then continuation pattern for upside to top of channel. High RR trade.
Note
If we haven't moved until BOE news, then wait for the direction after this.Note
This is looking for more down side 137, longer term 130
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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.