ive set a sell limit at 1.3060 now just waiting for it to be triggered.
the power of channels. i love them now. looking for short
could see pull back to ascending channel support. i love the power of channels they are just great!
- 61.8% fib retracement - 3rd bounce off ascending trendline - Lots of upward momentum see chart for R:R and SL and TP placement.
looking for a 61.8% fibonacci retracement and monthly key level breakout, retest and then continuation. (61.8% lines up perfectly with monthly level)
i have just set up my key levels so feel free to copy them to your charts if you need them. my bias is short once we get upto the channel resistance. if we break the TL resistance then might think to go long.
we have broken out of the range, looking for more bullish momentum.