Rayyan_2805

Rayyan_2805 Updated 

Possible short position. Price has remained under the 200 EMA for several days and a few weeks, thus indicating another short bias. As you can see there is a clear trend line channel that has occurred and I will be following this channel and hopefully the price respects the channel also, there is a high probability that it will as there is no high impact news big...

Rayyan_2805 Updated 

Looking at a short term Sell towards the 1.12883 area and then a possible LONG position. Waiting to see if the price breaks the support level and I will enter the trade. Trend has also stayed below the 200 EMA indicating a Short bias, could lead to a possible break of the support.