Price bounce from a trend / support area. Price will try to continue Pullish after failing to get off(reversing for a short) the ranging market mood that came after a pullish move.
ON 06-06-2021MY STRATEGY TEMP 61 PARAMETERS SHOWING PRICE IS GOING UP 10 WK MARKET VOLATILITY FOR THE PAIR ON(DAILY) IS 61.7 50 WK MARKET VOLITITY(DAILY) IS 68, AS OF TODAY 06-06-2021 MARKET MOVED FROM 04-06-2021 AS A TRENDING UP 40 PIPS. ZOOM OUT PICTURE ALL THE WAY TO MARCH: THIS SHOWS MARKET IS GOING UP TO TEST AND REACH TP 85.11. CURRENT PRICE : 84.77 SL...
over all it's a down trend for a swing trade.This is just a bull back.