A bullish signals that the downtrend may end very soon and so does the breakout above the sliding parallel of the median line. Be patient, and wait to see if price reches the lower parallel of the upsloping set and watch for a buy setup in the zone, as shown in the chart
Price has retraced to akey resistance level where we already see multiple rejection. Going short from current level is a good option. Sl and tp as shown in the chart
Everything meant to be self training.
Intraday levels for 27.1.2017 I use PT 10 pips, SL 12 pips. Happy trading
I release a Weekly Wrapup & Update every week to all my subscribers on my website. I am re-posting it here but in a limited form due to posting restrictions. I am also splitting this post in parts as it is too long to post in one post. So this is Part 1 of this post. Look for Part 2 & 3. if you have interest in seeing the rest of it. If you want the complete post...
STRUCTURE SUPPORTS LOWER LOWS TO BE EXPECTED HERE 38.2% TREND LINE 1.1150-1.1170 REISTANCE PIVOT ENTRY& 50 EMA