If price breaks the line and stays in green area+stands above the red line , buy. Else, price will test 99.8 area again.
Watch read line and red area to open your short
I will continue to hold my short while I will Set my SL at my entry point. EU just creating another down trend channel as the current structure not finish yet, and it MUST finish before the price goes up. Note: Watch orange area and the red line.
See chart . When price breaks the line, buy.
The 20% would be creating a higher high by breaking the upper trendline ,which makes this chart not valid
Watch green area. I will long from there if the price doesn't against me . PS.Price might test the trendline resist by giving a strong bullish bar, but low % will happen
Still On Vacation . Just want to post this while I have time in hotel.
GBP is now at a turning point + support . But due to all these crappy reports it might bring gbp down to another level. See related ideas to make your decision, and watch price action before you open your trade .
Be careful with the retail sales report AB=CD formation
Short term Down Trend Finished Buy at a trend line . SL is easy for this structure , set below the trend line from where you buy.
Be aware that this chart is not for short-term trader .
See chart. I have already opened my long at purple line.