economic calander doesn't show anything about Jerome P. speaking on Wednesday morning at 9am one a few platforms ... smh. im taking quick scalps in the meantime GL
Breakout and retest would make a good Long Opp.! mean time scalping up and down that bearish channel line.
looks like that previous trend line turned into resistance I had posted...
few possibilities now on the table, it bounced off the .618 again which was the previous demand zone and created a second bullish trendline. are they taking out stops before heading south again or are we going back to 1.1150.. 1st month of the year positive I hope yours was as well peace!
ECB Monetary policy this Thursday waiting till after that news to pick aside but so far that daily trend line still holding up...
Slight resistance if we can break past 1.1140 I could see this testing 1.1200 by EOW..
the beauty about trading, i might not be good at writing down detailed analysis but check the charts... the levels hold.😎